Land in Nicosia, No. 50673

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.