For Sale
€110,000
Small Development and High-Value Living
This residential plot in the Elaiokipoi area of Tseri represents a premier opportunity for those seeking to build a custom residence or a pair of modern family homes in one of Nicosia’s most serene yet rapidly connecting suburban enclaves. Spanning 524 square meters, the property falls within the Κα8 planning zone, providing a building density of 60% and a 35% coverage factor. These technical specifications are perfectly suited for a sophisticated two-storey development that prioritizes privacy and generous outdoor garden space while maintaining immediate access to the capital’s expanding infrastructure. In March 2026, Tseri has emerged as a top-tier destination for homebuyers, following the landmark delivery of the €30.7 million Ippokratous-Argyroupoleos-Tseriou road network earlier this month. This major project has drastically improved daily life with four-lane connectivity and wide pavements, seamlessly linking the Elaiokipoi district to the Nicosia Ring Road and the city center. The local real estate market in 2026 is further enhanced by the historic tax reform enacted on January 1st, which included the full abolition of stamp duty and the doubling of the Capital Gains Tax exemption for primary residences to 150,000 euro. This plot’s balanced building factors and its location within a high-growth corridor ensure a secure and appreciating asset, a standard of smart investment we have guided for 3 decades of experience.
Description Residential plot in Elaiokipoi of Tseri area. The plot falls within the Residential Planning Zone Κα8 with a building density coefficient of 60% and a coverage coefficient of 35%, maximum floors 2 and 10 meters height. Title deed is available. Subject to V.A.T. Falling within the Residential Planning Zone Κα8, the plot allows for a modern architectural design with a maximum height of 10.0 meters across 2 floors. The property’s placement within an established yet expanding residential pocket ensures a secure and appreciating asset in a community that values both suburban peace and modern accessibility. Title deed is available.
Building Density 60%
Cover Factor 35%
Town Planning Zone Residential (Zone Ka8)
Plot Area 524 m²
Proximity Landmarks Located near the Tseri A’ Primary School and within a short distance from the newly completed Tseriou Avenue roundabout and the Nicosia Ring Road junction.
Strategic Location and Urban Connectivity
The value of this property lies in its placement within a core residential enclave, offering a sophisticated suburban lifestyle that is perfectly connected to the administrative and commercial heart of Nicosia.
Plots of land for sale in Nicosia: A prime opportunity to acquire a versatile residential plot in the high-demand and family-friendly Elaiokipoi district of Tseri.
Cyprus real estate investment: A high-potential asset for 2026, benefiting from the full abolition of stamp duty and the 0% Special Defence Contribution on rental income.
Government Housing Subsidy: As of March 18, 2026, this plot qualifies for the 6th Edition of the Housing Revitalization Scheme, offering grants of up to 70,000 euro which can be combined with energy grants for total support up to 100,000 euro for eligible beneficiaries.
Renovate-Rent Scheme: Under the updated March 2026 guidelines, owners in this district can access increased grants for building units intended for the affordable rental market, with sweetened terms and higher income limits for tenants.
Tseri Road Network: The March 2026 completion of the major road upgrades provides four-lane connectivity and 3,000 new trees along the corridor, significantly improving the aesthetic and functional value of the surrounding neighborhood.
Nicosia Ring Road: Located nearby, Phase 1 of this major project provides rapid access to the highway network and the various districts of Nicosia, bypassing city center traffic.
Lakatamia Health Centre: Accessible in under 8 minutes, ensuring residents have nearby access to comprehensive medical services.
Major Supermarkets: Easy access to the Tseri commercial high street, featuring pharmacies, bakeries, and large retail chains for daily convenience.
If you are looking for G&P Lazarou trusted properties that offer a perfect balance of suburban tranquility and modern connectivity, this Tseri plot is an unparalleled opportunity. Residential lands in such developing suburbs move quickly as families seek more spacious housing with enhanced infrastructure.
Contact G&P Lazarou for a private consultation to discuss the architectural and investment potential of this high-value residential site. G&P Lazarou has been a leader in the Cyprus property market for 3 decades of experience.