land for sale, Nicosia, Kaimakli

Small Development and High-Value Living

This 855 sqm residential plot in the burgeoning Pallouriotissa/Kaimakli area offers an excellent balance between urban accessibility and long-term potential. With a 33% share available, the property presents a strategic opportunity to enter a high-demand residential market at a competitive entry point. The plot falls within the Κα4 planning zone, providing a building density of 120% and a coverage factor of 50%, which allows for a modern three-storey development. Its flat topography and 22m road frontage make it an efficient canvas for a contemporary apartment block or a collection of private residences, catering to the growing demographic of professionals and academics in the capital.

Description A 33% share of a residential plot, extending to about 855 sq.m. in total. The property is rectangular with a flat surface and has access via a registered road with approximately 22m frontage. Located about 4.5km from the motorway and 2.3km from the city centre. No distribution agreement in place. The property falls within Zone Κα4. The site’s geometric regularity and level ground ensure a straightforward construction phase, while the existing road access provides the necessary infrastructure for immediate planning.

Building Density 120%
Cover Factor 50%
Town Planning Zone Κα4
Proximity Landmarks Located near Frederick University and the SOPAZ Roundabout.

Strategic Location and Community Amenities

The true value of this land is rooted in its proximity to Nicosia’s primary academic and commercial arteries, making it an ideal choice for residential growth.

Plots of land for sale in Nicosia: A significant opportunity to secure a residential stake in a district known for its blend of traditional charm and modern educational facilities.
Cyprus real estate investment: A practical asset for those looking to capitalize on the high rental demand generated by nearby university campuses and urban expansion.
Frederick University: Situated just 3 minutes away, making this an elite location for student-oriented residential developments.
SOPAZ Roundabout: Reachable in just 4 minutes, serving as a critical logistical node for quick access to the city center and the primary motorway network.
Famagusta Gate: Located within a 5-minute drive, connecting the property to the historical Venetian walls and the vibrant cultural scene of the Old Town.
Athienitis Supermarket (Pallouriotissa): A short 3-minute drive away, ensuring immediate access to essential retail and daily amenities.
Eleftheria Square: Positioned only 8 minutes away, placing the project within easy reach of the capital’s retail and administrative heart.

If you are looking for G&P Lazarou trusted properties that offer strategic value in a high-demand residential zone, this Kaimakli plot represents a smart entry into the Nicosia market. Land parcels in this academic corridor are increasingly sought after for their consistent yield potential and proximity to central services.

Contact G&P Lazarou for a private consultation to discuss the development and investment potential of this residential share. G&P Lazarou has been a leader in the Cyprus property market for 3 decades of experience.

Summary