🏡 Exceptional Residential Development Opportunity in One of Nicosia's Most Prestigious Emerging Residential Areas
An exceptional opportunity to acquire a substantial residential landholding of 21,938 sqm situated in a highly desirable location on the border of Geri and Latsia, neighboring the prestigious residential areas of Lefkothea and Laiki Sporting Club.
Surrounded by luxury detached residences, landscaped neighborhoods and quality residential developments, the property combines generous size, strategic accessibility and outstanding long-term development potential.
Its elevated position offers pleasant open views towards the surrounding countryside while maintaining immediate access to key amenities and transportation links.
Whether intended for a residential subdivision project, a gated residential community or a luxury housing development, this is a rare opportunity to secure one of the area's most significant residential land assets.
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📍 Prime Location
The property enjoys a privileged setting adjacent to some of the wider Nicosia area's most attractive low-density residential neighborhoods.
Location Highlights
• Located on the border of Geri and Latsia municipalities
• Adjacent to the prestigious Lefkothea and Laiki Sporting Club residential areas
• Surrounded by luxury detached homes and quality residential developments
• Approximately 3 minutes from the Nicosia–Limassol highway
• Approximately 5 minutes from Alfa Mega Latsia
• Approximately 10 minutes from The Mall of Cyprus
• Approximately 10 minutes from General Hospital and University of Cyprus areas
• Approximately 20 minutes from Nicosia city centre
• Close to schools, supermarkets, bakeries, cafés and everyday amenities
• Easy access to Nicosia, Limassol and Larnaca
A highly desirable location combining residential exclusivity with excellent urban accessibility.
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📐 Land Characteristics
• Total Land Area: 21,938 sqm
• Planning Zone: Κα9 (approximately 97%)
• Planning Zone: Δα3 (approximately 3%)
• Building Density: 40%
• Building Coverage: 25%
• Maximum Floors: 2
• Maximum Building Height: 10 metres
• Elevated topography with open outlooks
• Public road access
• Existing established access route through the property
• Attractive shape suitable for phased development
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🌟 Key Advantages
✅ Large residential landholding of 21,938 sqm
✅ Located next to one of Nicosia's most prestigious residential districts
✅ Surrounded by luxury detached residences and executive homes
✅ Elevated position with attractive open views
✅ Excellent accessibility to the highway network
✅ Suitable for residential subdivision and development (subject to permits)
✅ Strong residential demand in the surrounding area
✅ Rare opportunity to acquire a parcel of this scale within an established residential environment
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🏗 Development Potential
Subject to obtaining all necessary permits and approvals, the property's size and planning characteristics may support a variety of residential development concepts, including:
• Residential subdivision into multiple plots for resale
• Luxury detached housing development
• Gated residential community
• Private residential estate with premium homes
• Long-term strategic land investment
The property's location adjacent to established luxury residential neighborhoods significantly enhances its attractiveness for higher-end residential development.
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📈 Investment Perspective
The wider Geri–Latsia corridor continues to experience steady residential growth driven by its proximity to Nicosia, excellent highway connectivity and increasing demand for quality residential environments.
Large residential parcels within established and prestigious residential surroundings are becoming increasingly scarce. Opportunities offering this combination of size, zoning, location and development flexibility are rarely available.
A rare opportunity to acquire a premium residential development asset in one of the most promising residential growth areas of greater Nicosia.