For Sale
€299,000
High-Yield Development Opportunity in Dasoupolis – Strategic Acquisition for Apartments
Whether you are a visionary developer ready to create a landmark residential project or a smart investor looking to secure a high-yield asset in the heart of Nicosia, this exceptional half-plot in the prestigious Dasoupolis area offers the ultimate blank canvas. Situated in a high-demand residential and administrative hub, this site is a strategic acquisition specifically suited for those who prioritize maximum ROI and high-density development. The property currently features a 120sqm house that can be either renovated for private use or demolished to make way for a contemporary multi-level project, capturing the constant demand for premium urban living in Dasoupolis.
Strategic Development and Yield Potential
Boasting a prime position within the desirable Ka4 Residential Zone, this property is primed for a high-density urban transformation. With a 120% building density and 50% coverage ratio, the site offers fantastic versatility for a modern residential complex. The zoning allows for a high-yield development, making it an ideal project for developers looking for strategic acquisition in a central location. This plot is perfectly sized to accommodate a luxury apartment building that meets the needs of professionals and families seeking proximity to the capital’s main commercial and administrative arteries.
Key Features
Property Type: Half Residential Plot
Location: Dasoupolis, Strovolos, Nicosia
Existing Structure: 120sqm house (suitable for renovation or demolition)
Planning Zone: Ka4 (Residential)
Building Density: 120% (High-yield development and strategic acquisition focus)
Coverage Ratio: 50%
Structural Allowance: Ideal for high-density apartment complexes and high-ROI projects
Cyprus real estate investment: Premium development potential in a central 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 prestigious residential pocket of Dasoupolis, this plot offers a rare balance of quiet living and extreme convenience. You are positioned within the immediate vicinity of the district’s most important administrative, educational, and healthcare landmarks, ensuring high occupancy potential for residential units. Enjoy the benefits of a well-connected district with seamless access to the Nicosia city center and the primary motorway network.
Land for sale near Aretaeio Hospital: Located within a 3-minute drive of one of the capital’s leading private healthcare providers.
Ministry of Justice and Public Order: Situated just 1.1 km away, providing proximity to a key administrative hub of the capital.
Falcon School: Reachable within a short 4-minute drive, offering proximity to one of the most prestigious international schools in Nicosia.
Athalassa National Forest Park: Positioned within a 5-minute drive, providing immediate access to the city’s largest green lung and nature trails.
Mall of Cyprus and IKEA: Located within a 6-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 plot in Dasoupolis is an unparalleled opportunity. Prime development land with 120% density in such a central residential hub 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 32 years, offering unmatched expertise and a commitment to excellence.