Location
• The property is ideally situated in the Agios Georgios. Latsia Municipality, within the Nicosia District.
• It enjoys a strategic yet peaceful setting, approximately 180 metres of the Nicosia–Limassol/Larnaca highway ensuring excellent connectivity to major road networks while preserving a residential character.
• The area is well-developed and in close proximity to essential amenities and services.
Plot Characteristics
• The asset comprises a special zone residential plot of approximately 538 sq.m. The plot is square in shape with a flat surface, offering optimal conditions for efficient design and construction.
• Access is provided via a registered public road along the southern boundary, featuring a generous road frontage of approximately 24 metres, enhancing accessibility and visibility.
Planning Zone & Development Potential
The property falls within the Special Use Planning Zone EX2, allowing:
• Building density: 80%
• Coverage: 45%
• Floors: Up to 2
• Maximum height: 10 metres
The zoning permits a wide range of developments, including offices, sports facilities, leisure and entertainment uses, showrooms, and other specialized projects. Importantly, residential development and plot subdivision are also allowed, making the property suitable for both private and investment-driven projects.
Advantages
• Prime location with direct access to major highways
• Flat and regularly shaped plot, ideal for development
• Wide road frontage offering design flexibility
• Suitable for mixed-use, residential, or commercial concepts
• Located in a well-established and increasingly sought-after area
Special Features
A key highlight of the property is its direct adjacency to a public green area along both the northeastern and eastern boundaries, offering enhanced privacy, unobstructed views, and an improved living or working environment.
Additionally, the property benefits from a separate title deed, ensuring a smooth and secure transfer process.