2712m2 Land in Aglandjia, Nicosia, Cyprus No. 61965

An exceptional development plot of 2,712 sqm in the Agia Paraskevi area of Strovolos, Nicosia, positioned in a highly accessible and established urban location. The property benefits from immediate access to key areas of the capital and is surrounded by educational institutions, government facilities, healthcare services, shops and everyday amenities. It is located approximately 100 metres from Police Academy of Platy Aglantzias, around 150 metres from Technical School Α' and approximately 570 metres from Cyprus University, creating an excellent setting for a substantial residential or investment development.

The plot falls within two planning zones, with approximately 67% classified as Ka3 and 33% as Eb3. The Ka3 section provides a building density of 140%, 50% coverage, up to 4 floors and a maximum height of 17 metres, while the Eb3 section provides a higher building density of 160%, 50% coverage, up to 6 floors and a maximum height of 24 metres. Based on the zoning percentages and subject to confirmation by the relevant Planning Authority, the plot offers a theoretical development potential of approximately 3,976 sqm of total buildable floor area, making it particularly attractive for a large-scale apartment development or another urban development scheme permitted under the applicable planning regulations.

Its central location further enhances its investment potential, with supermarkets, schools, universities, medical facilities and recreational areas all within a short distance. Philips University is approximately 785 metres away, Mediterranean Hospital of Cyprus Nicosia Offices around 830 metres away, while the Park Of Acropoleos is approximately 1.5 km from the property. The combination of its substantial size, high development coefficients and strategic location within the wider Nicosia urban area makes this an excellent opportunity for developers and investors seeking a site with significant development potential.