land for sale, Nicosia, Strovolos

High-Yield Residential Plot in Chryseleousa – Strategic Acquisition for High-Value Development

Whether you are a visionary developer ready to establish a landmark residential project or a smart investor looking to secure a high-yield asset, this exceptional building plot in the Chryseleousa area of Strovolos offers the perfect blank canvas. Buying land in this established and highly accessible neighborhood provides the ultimate freedom to bring your architectural vision to life, surrounded by a community that guarantees long-term value. This site is a strategic acquisition specifically suited for those who prioritize maximum ROI and strategic development in one of Nicosia’s most sought-after districts.

Strategic Development and Yield Potential
Boasting a well-positioned surface in the desirable Ka4 residential zone, this property is primed for immediate construction. With a 120% building density and 50% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a modern 3-story residential building or a sophisticated apartment complex. The zoning allows for maximum utilization of the plot’s area, providing a clear path for developers looking to capitalize on the high demand for contemporary urban housing and maximize yield potential in a high-value residential hub.

Key Property Features

Property Type: Residential Building Plot
Location: Chryseleousa Area, Strovolos, Nicosia
Planning Zone: Ka4 (Residential)
Building Density: 120% (Focus on high-yield development and strategic acquisition)
Coverage Ratio: 50%
Structural Allowance: 3 Floors (Ideal for apartment complexes and high-ROI projects)
Infrastructure: Located in a prime residential neighborhood with immediate access to all urban utilities
Legal Status: Title deed available; No V.A.T. applicable
Cyprus real estate investment: High-value potential in a central and growing residential hub

Location and Neighborhood Benefits
Location is the foundation of any great investment when you want to buy land in Nicosia. Situated in the premium Chryseleousa quarter, this plot offers a rare balance of residential tranquility and extreme convenience. You are just a short drive from major administrative, healthcare, and retail landmarks, making it an area highly attractive to both families and quality tenants. Enjoy proximity to major commercial avenues, swift access to the city center, and the benefits of being in a well-connected district with every modern necessity nearby.

Land for sale near Strovolos Town Hall: Located within a 2-minute drive of the district’s primary administrative and civic center.
European University Cyprus: Situated just 1.5 km away, providing rapid access to one of the capital’s leading higher education institutions.
Apollonion Private Hospital: Reachable within a short 4-minute drive, ensuring proximity to leading healthcare services.
Aretaeio Hospital: Positioned within a 5-minute drive, providing access to a premier private medical facility.
Mall of Engomi: Located within a 6-minute drive, ensuring effortless access to a variety of retail stores, supermarkets, and cafes.

Make It Yours
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot in Chryseleousa is an unparalleled opportunity. Prime development land with this specific density in such a central location is a strategic acquisition that moves quickly.

Contact G&P Lazarou Estate Agents today to arrange a private consultation and discuss the possibilities for your next high-yield residential project. G & P Lazarou Estate Agents has been a leader in the Cyprus property market for over 3 decades of experience, offering unmatched expertise and a commitment to excellence.

Summary