For Sale
€450,000
High-Yield Residential Plot in Strovolos – 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 heart 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 active urban sectors.
Strategic Development and Yield Potential
Boasting a well-positioned surface in the desirable Ka3 residential zone, this property is primed for immediate construction. With a 140% building density and 50% coverage ratio, the property offers fantastic versatility: it is ideally suited for a high-yield development, specifically a modern 4-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: Strovolos, Nicosia
Planning Zone: Ka3 (Residential)
Building Density: 140% (Focus on high-yield development and strategic acquisition)
Coverage Ratio: 50%
Structural Allowance: 4 Floors / 17m Height (Ideal for high-density apartment complexes and high-ROI projects)
Infrastructure: Located in a prime residential area with immediate access to all urban utilities
Legal Status: Title deed available
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 a premium neighborhood in Strovolos, this plot offers a rare balance of residential appeal and extreme convenience. You are just a short drive from the capital’s primary commercial, educational, and healthcare hubs, making it an area highly attractive to both families and quality tenants. Enjoy proximity to major retail landmarks, 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 Landmark Nicosia: Located within a 3-minute drive of the capital’s premier business and luxury hotel hub.
English School: Situated just 1.2 km away, providing rapid access to one of the most prestigious educational institutions in Nicosia.
Acropolis Park: Reachable within a short 3-minute drive, ensuring proximity to one of the city’s most iconic green spaces.
Strovolos Municipal Theatre: Positioned within a 4-minute drive, offering immediate access to the district’s primary cultural landmark.
Aretaeio Hospital: Located within a 5-minute drive, providing access to a leading private medical facility.
Make It Yours
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot in Strovolos 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.