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554 SQM Plot
Latsia, Nicosia

€500,000  ($571,789)

VAT Applicable not included in the price
G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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In high demand!
Compared currency flag Pay in USD and save up to $20,013

Average Bank Rate (€500,000)
1 USD = 0.8449 EUR
$591,802

Mid-market rate (€500,000)
1 USD = 0.8744 EUR
$571,789

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1722692 (52469)
  • Plot: 554 sqm

Description

Strategic Investment Opportunity: High-Value Residential Plot in Latsia

This 554sqm residential plot, situated in a rapidly evolving and well-connected sector of Latsia, presents a sophisticated opportunity for those seeking a balance between Small Development and High-Value Living. Boasting a robust building density of 100% within the Κα5 planning zone, the property offers exceptional versatility and yield potential for a boutique apartment project or a premium multi-storey residence. Its technical parameters, allowing for up to three floors, make it a high-performance asset for any Cyprus real estate investment looking for a strategic foothold in a high-demand suburban corridor.

The plot provides a ready-to-build canvas for a modern architectural project that maximizes both internal square footage and urban functionality. As a prime option among plots of land for sale in Latsia, it benefits from an established neighborhood atmosphere favored by professionals and families alike. Choosing G&P Lazarou trusted properties ensures you are acquiring a site with significant development potential and excellent connectivity, providing a secure foundation for capital growth or the creation of a premium residential retreat.

Key Features

Location: Latsia, Nicosia (Residential Planning Zone Κα5)
Plot Size: 554sqm (Ideal dimensions for multi-unit development)
Building Density: 100% (Optimized for high-value residential projects)
Coverage Factor: 50% (Balanced for maximizing footprint and functionality)
Structural Allowance: 3 Floors, maximum height of 13.5m
Tax Status: Subject to VAT
Land for sale near GSP Stadium: Located within a 4-minute drive of Nicosia's premier sporting and events arena.
Nicosia General Hospital: Situated just 2 km away, providing rapid access to the island's primary medical facilities.
The Mall of Cyprus & IKEA: Positioned within a short 5-minute drive, offering the district's top-tier retail and dining.
Athalassa National Forest Park: Within close proximity, offering immediate access to extensive green spaces and outdoor recreation.
Nicosia-Limassol Motorway: Immediate access to the island's main transport artery ensures effortless connectivity across the island.

This property represents a unique opportunity to develop a high-value project in a high-demand market with generous building parameters and strategic visibility. We invite you to contact G&P Lazarou today for a private consultation to discuss the architectural feasibility and the high-yield potential of this exceptional Latsia residential plot.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 1722692. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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