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521 SQM Plot
Strovolos, Nicosia

€450,000  ($512,586)

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 $17,941

Average Bank Rate (€450,000)
1 USD = 0.8482 EUR
$530,527

Mid-market rate (€450,000)
1 USD = 0.8779 EUR
$512,586

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: 8050909 (58393)
  • Plot: 521 sqm

Description

High-Yield Residential Plot in Acropolis – Strategic Acquisition for High-Value Development

Whether you are a visionary developer ready to establish a landmark residential project or a smart investor looking to secure a high-yield asset, this exceptional 521sqm building plot in the prestigious Acropolis area of Strovolos offers the perfect blank canvas. Buying land in this established and highly accessible neighborhood provides the ultimate freedom to bring your architectural vision to life, surrounded by a community that guarantees long-term value. This site is a strategic acquisition specifically suited for those who prioritize maximum ROI and strategic development in one of Nicosia’s most sought-after urban sectors.

Strategic Development and Yield Potential
Boasting a well-positioned surface in the desirable Ka4 residential zone, this property is primed for immediate construction. With a 120% building density and 50% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a modern 3-story residential building or a sophisticated apartment complex. The zoning allows for maximum utilization of the plot's area, providing a clear path for developers looking to capitalize on the high demand for contemporary urban housing and maximize yield potential in a high-value residential hub.

Key Property Features

Property Type: Residential Building Plot
Location: Acropolis, Strovolos, Nicosia
Plot Size: 521sqm of prime, developable land
Planning Zone: Ka4 (Residential)
Building Density: 120% (Focus on high-yield development and strategic acquisition)
Coverage Ratio: 50%
Structural Allowance: 3 Floors / 13.5m Height (Ideal for apartment complexes and high-ROI projects)
Infrastructure: Registered road access in a prime area with immediate access to all urban utilities
Legal Status: Title deed available
Cyprus real estate investment: High-value potential in a central and prestigious residential hub

Location and Neighborhood Benefits
Location is the foundation of any great investment when you want to buy land in Nicosia. Situated in the elite Acropolis quarter, this plot offers a rare balance of residential tranquility and extreme convenience. You are just a short drive from major administrative, healthcare, and retail landmarks, making it an area highly attractive to both families and quality tenants. Enjoy proximity to major commercial avenues like Stavrou, swift access to the city center, and the benefits of being in a well-connected district with every modern necessity, including trendy cafes and boutique shops, nearby.

Land for sale near Acropolis Park: Located within a 2-minute drive of the city's most iconic green space and recreational landmark.
The Landmark Nicosia: Situated just 1.7 km away, providing rapid access to the capital's premier business and luxury hotel hub.
Strovolos Town Hall: Reachable within a short 5-minute drive, ensuring proximity to the district's primary administrative center.
Aretaeio Hospital: Positioned within a 4-minute drive, providing access to one of the capital's leading private medical facilities.
Athalassa National Forest Park: Located within a 6-minute drive, offering immediate access to the city's largest green lung and nature trails.

Make It Yours
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot in Acropolis is an unparalleled opportunity. Prime development land with this specific density in such a prestigious location is a strategic acquisition that moves quickly.

Contact G&P Lazarou Estate Agents today to arrange a private consultation and discuss the possibilities for your next high-yield residential project. G & P Lazarou Estate Agents has been a leader in the Cyprus property market for over 3 decades of experience, offering unmatched expertise and a commitment to excellence.

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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
€14,600 ($16,631)
If buying on joint names
€11,200 ($12,758)

Disclaimer - Property reference 8050909. 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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