For Sale
€195,000
High-Yield Development and Strategic Acquisition
This residential plot in Kaimakli represents a premier opportunity for developers to capitalize on the sustained urban growth within Nicosia’s most characterful district. Falling within the Κα3 planning zone, the property offers a high building density of 140% and a coverage factor of 50%, allowing for a modern four-storey apartment complex reaching up to 17 meters in height. The area has become a focal point for investors in 2026 due to its unique blend of traditional neo-classical architecture and a surge in demand from the nearby academic community. This property is perfectly scaled to deliver high-density housing that meets the current market’s appetite for sophisticated urban living and high-yield rental returns, a strategy we have perfected through 3 decades of experience.
Description Residential plot for sale in Kaimakli, located in a sought-after area with strong development potential. The plot falls within planning zone Κα3, allowing 140% building density, 50% coverage, and construction of up to 4 floors with a maximum height of 17 m. The site’s level topography and established neighborhood setting provide an efficient foundation for a landmark residential project in an area defined by cultural revitalization and professional growth.
Building Density 140%
Cover Factor 50%
Town Planning Zone Κα3 (Residential)
Proximity Landmarks Located near Frederick University and the Famagusta Gate.
Strategic Location and Community Amenities
The true value of this land is rooted in its authentic urban setting, offering a sophisticated lifestyle that is perfectly connected to the historic and educational heartbeat of Cyprus.
Plots of land for sale in Nicosia: A significant opportunity to acquire a high-density residential plot in the heart of the vibrant and evolving Kaimakli district.
Cyprus real estate investment: A high-potential asset perfect for those seeking capital appreciation and consistent rental demand in a premier residential corridor in 2026.
Frederick University: Situated just 3 minutes away, providing a constant source of demand for high-quality residential units from students and faculty.
Famagusta Gate: Reachable in just 4 minutes, connecting the property to the historical Venetian walls and the island’s most celebrated cultural and exhibition venues.
Kaimakli Railway Station Linear Park: Located within a 2-minute drive, offering a unique green corridor for walking, cycling, and leisure right in the neighborhood.
SOPAZ Roundabout: A short 3-minute drive away, serving as a major logistical hub for quick access to the city center and the primary highway network.
Eleftheria Square: Positioned only 8 minutes away, ensuring your project is seamlessly integrated into the retail, architectural, and administrative heart of the capital.
If you are looking for G&P Lazarou trusted properties that offer exceptional building factors and a strong development path, this Kaimakli plot is an unparalleled opportunity. High-density residential lands in this specific professional and academic corridor are seeing increased interest and move quickly once they enter the market.
Contact G&P Lazarou for a private consultation to discuss the architectural and investment potential of this high-yield site. G&P Lazarou has been a leader in the Cyprus property market for 3 decades of experience.