• Two adjacent plots with a total land area of 1,164 m² in one of Nicosia’s most prestigious and high-demand residential locations
• Ready building permit in place, allowing immediate commencement of construction and eliminating planning delays
• Permit valid until 2030, providing flexibility for project timing and phased execution
• Approved development for 14 two-bedroom apartments plus 2 large three-bedroom duplex units with private roof gardens
• Efficient unit mix ideally suited for strong resale demand and consistent rental income
• Premium duplex penthouses with large verandas and roof gardens offering higher sales values

• Ownership held through a company structure – transfer can be completed via share transfer
• No VAT payable
• No property transfer fees
• Significantly reduced acquisition costs, improving overall investment returns

• Prime location near Landmark Nicosia Hotel, University of Cyprus, and Kallipoleos Avenue, ensuring strong tenant demand and high occupancy
• Suitable for both build-to-sell and build-to-rent strategies
• Strong rental yield potential from students, professionals, and executives
• Reduced development risk due to existing licences and approved plans
• Fast time-to-market and immediate development capability
• Excellent capital appreciation prospects in a central, supply-constrained area

Investment Potential

• Lower entry costs due to tax and fee savings
• Multiple exit strategies (unit sales, block sale, or rental portfolio)
• Stable recurring income potential
• High absorption rate expected due to prime location and modern unit configuration
• Attractive opportunity for developers and private or institutional investors