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265 SQM Plot
Strovolos, Nicosia

€165,000  ($190,554)

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 $6,669

Average Bank Rate (€165,000)
1 USD = 0.8366 EUR
$197,223

Mid-market rate (€165,000)
1 USD = 0.8659 EUR
$190,554

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: 1759799 (52809)
  • Plot: 265 sqm

Description

Strategic Acquisition: High-Yield Residential Development Plot in Strovolos

The Foundation of Your Future
Whether you are a family ready to build your custom forever home or a smart investor looking to develop a profitable apartment complex, this exceptional 265 sq.m. residential plot in the prestigious Tsimistra area of Strovolos offers the perfect blank canvas. Buying land in this highly sought-after area provides the ultimate freedom to bring your architectural vision to life, surrounded by a community that guarantees long-term value. This site is an ideal high-density investment specifically suited for a multi-unit residential apartment building.

Versatile Development Opportunities
Boasting a well-positioned surface in the popular Ka4 zone, this property is primed for immediate construction. With a 120% building density and a 50% coverage factor, the zoning offers fantastic versatility: it is an ideal high-density investment specifically suited for a multi-unit residential apartment building for high-yield returns. The plot is perfectly located to maximize ROI for developers looking to capitalize on the strong demand for apartment housing in the capital, making the transition from blueprint to reality incredibly smooth in a thriving neighborhood known for its excellent infrastructure.

Key Property Features

Property Type: Half Residential Plot
Location: Tsimistra Area, Strovolos, Nicosia
Plot Size: 265 sq.m. of prime, developable land
Planning Zone: Ka4 (Residential)
Building Density: 120% (Ideal high-density investment specifically suited for a multi-unit residential apartment building)
Coverage Ratio: 50%
Town Planning Zone: Residential (Zone Κα4)
Cyprus real estate investment: High-yield potential in a central residential hub

Location and Neighborhood Benefits
Location is the foundation of any great investment when you want to buy land in Nicosia. Situated in a premium, quiet neighborhood in Strovolos, this plot offers a rare balance of peaceful living and extreme convenience. You are just a short drive from the city center, making it an area highly attractive to both families and future tenants. Enjoy proximity to local parks, swift access to the highway, and close proximity to the capital's top schools, bakeries, and shopping centers.

Land for sale near The English School: Located within a 4-minute drive of one of the capital's most prestigious educational institutions.
Strovolos Municipal Theatre: Situated just 1.5 km away, providing access to one of the district's primary cultural and social hubs.
Acropolis Park: Reachable within a short 5-minute drive, offering access to one of the district's most popular green landmarks.
Aretaeio Hospital: Positioned within a 4-minute drive, ensuring rapid access to premier private healthcare services.
Mall of Cyprus: Located just 6 minutes away, ensuring easy access to one of the region's largest retail and commercial centers.

Make It Yours
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this plot for sale in Strovolos is an unparalleled opportunity. Prime development land with this specific density in this area is highly coveted and moves quickly.

Contact G&P Lazarou Estate Agents today to arrange a private consultation and discuss the possibilities for your next high-yield development project.

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€3,275 ($3,782)
If buying on joint names
€2,475 ($2,858)

Disclaimer - Property reference 1759799. 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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