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7,191 SQM Land
Strovolos, Nicosia

€500,000  ($576,227)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $20,168

Average Bank Rate (€500,000)
1 USD = 0.8384 EUR
$596,395

Mid-market rate (€500,000)
1 USD = 0.8677 EUR
$576,227

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: 8495065 (11822)
  • Plot: 7191 sqm

Description

Elite Investment Opportunity in the GSP Area – The Pinnacle of Versatility
The Foundation of Your Future
Imagine securing a landmark asset in Nicosia’s most prestigious southern corridor. Buying land in the GSP area, just north of the iconic “Lemon Park,” is about the ultimate freedom to develop a project that defines the city’s modern skyline. This prime location offers a high-status blank canvas for investors who demand a fusion of luxury residential appeal and high-utility commercial potential.

Limitless Development in a Special Use Zone
Primed for diverse and high-impact projects, the property falls within Special Uses Zone ΕΧ2, boasting a robust 80% building density and 45% coverage. This elite zoning allows for a wide spectrum of possibilities:
Commercial & Leisure: Ideal for high-end office complexes, private sports academies, or boutique leisure amenities.

Residential Flexibility: Unlike standard commercial zones, ΕΧ2 explicitly allows for residential development and plot subdivision, making it perfect for a luxury gated community or high-spec apartment blocks.
Logistical Ready: With a Title Deed available and immediate proximity to the Nicosia city center and major motorway links, the groundwork for a Tier-1 development is already set.

Location & Neighborhood Benefits
You are at the heart of Nicosia’s "New South." You are minutes from the Mall of Cyprus, IKEA, and the Senior School, while enjoying the refined atmosphere of the GSP neighborhood, characterized by the island's most expensive detached villas and elite sporting facilities.

Make It Yours
Strategic ΕΧ2 parcels in the GSP area are among the most liquid and sought-after assets in the 2026 Cyprus market.

Contact G&P Lazarou Estate Agents today at +357 22024949 or [email protected] to secure this premier asset!

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Disclaimer - Property reference 8495065. 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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