For Sale
€479,000
High-Yield Residential Plot in Dasoupolis – 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 604 sq.m. building plot off Lemesou Avenue in 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 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 apartment building. 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: Off Lemesou Avenue, Strovolos, Nicosia
Plot Size: 604 sq.m. of prime, developable land
Planning Zone: Ka3 (Residential)
Building Density: 140% (Focus on high-yield development and strategic acquisition)
Coverage Ratio: 50%
Structural Allowance: High-density apartment complex potential
Infrastructure: Located in a prime residential area with immediate access to major road networks and utilities
Legal Status: Title deed available; Not subject to V.A.T.
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 Dasoupolis 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 The Landmark Nicosia: Located within a 2-minute drive of the capital’s premier business and luxury hotel hub.
Acropolis Park: Situated just 1 km away, providing rapid access to the city’s most iconic green space and recreational landmark.
Police Headquarters: Reachable within a short 3-minute drive, ensuring proximity to one of the district’s primary administrative centers.
Aretaeio Hospital: Positioned within a 4-minute drive, providing access to one of the capital’s leading private medical facilities.
Mall of Cyprus and IKEA: Located within a 5-minute drive, ensuring effortless access to the region’s premier retail and dining destination.
Make It Yours
If you are searching for G&P Lazarou trusted properties with guaranteed potential, this high-density residential plot near Lemesou Avenue is an unparalleled opportunity. Prime development land with this specific density in such a prestigious 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.