€ 5 500 000
Price history
€ 5 500 000
€ 5 000 000
Land in Nicosia, Cyprus No. 50673
Parameters
Property Description
An investment opportunity: a prime plot of land situated in a prestigious, central location in the heart of Nicosia. Elevated on a hill, the property offers outstanding potential for a landmark development with impressive views and strong architectural presence.
The main plot extends to 6,030 m² and falls within Planning Zone Ka3, allowing for up to four floors and a building density of 140%, with the possibility of securing increased density and additional floors subject to relevant approvals. Furthermore, an adjacent plot of 466 m²is also available for acquisition, bringing the total potential development area to 6,496 m².
Architectural plans for a proposed development have already been prepared and are available, offering a head start for any prospective project.
Statistics
€ 2 763
Price per sq.m.
154
Quality of Life Index
59
Cost of Living Index
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Parameters
Nicosia
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 719
Apartment (1 bedroom) Outside of Centre
€ 622
Apartment (3 bedrooms) in City Centre
€ 1 526
Apartment (3 bedrooms) Outside of Centre
€ 1 189
Buy Apartment Price
Price per square metre in the city centre
€ 2 763
Price per square metre outside the city centre
€ 2 042