📣 PRIME INVESTMENT OPPORTUNITY: 3,510 sq.m. Development Land in Latsia (Zone EX2)
An exceptional investment parcel of land spanning 3,510 sq.m. is available for sale in a highly strategic and rapidly growing hub of Nicosia, located in the Agios Georgios parish of Latsia (Area: "Kokkines").
The property falls within the prestigious EX2 Special Uses Planning Zone, offering maximum development flexibility. It is perfectly suited for prominent commercial, residential, or specialized institutional projects.
📐 Planning Parameters & Potential:

* Plot Area: 3,510 sq.m.
* Planning Zone: EX2 (Special Uses Zone)
* Building Factor (Density): 80% (Allows for up to 2,808 sq.m. of total built area)
* Coverage Factor: 45% (Maximum building footprint of 1,579.5 sq.m.)
* Floors / Height: 2 floors (Maximum height: 10 meters)
* Note: Potential to increase the building density to 100% under specific conditions (e.g., proximity/adjoinment to a highway junction).

🏢 Ideal Development Options:
Due to the versatile EX2 zoning, this land is ideal for:

1. Commercial Use: State-of-the-art office buildings, premium car showrooms, or leisure and entertainment venues.
2. Residential Development: Luxury residential complexes, private estates, or division into premium plots.
3. Specialized Projects: Medical clinics/centers, private educational institutions, and corporate headquarters.

📍 Strategic Location:
The plot occupies a high-visibility, key location with immediate and effortless access to the Nicosia-Limassol highway. This area has demonstrated consistent growth, with official government valuations rising by over 10% in recent years.
Ref no MP2174398B