Property 47708 Latsia, Nicosia / 40778

Special promotional reduced prices.
Prices are firm and final and only offers at these fixed levels will be accepted.
Asking Price: €2.065.000 - Promotion Price: €1.500.000
Terms and conditions apply.

Location
- This sizeable field is ideally positioned near GSP Stadium in Latsia, offering proximity to a wide range of amenities and services. Major retail destinations such as the Mall of Cyprus, Super Home Center, IKEA, and Leroy Merlin are just minutes away, along with several well-known supermarkets, schools, banks, and more.
The Nicosia General Hospital is only a short drive away, ensuring easy access to healthcare facilities. The property also benefits from quick and effortless connectivity to Nicosia’s city center and the B1 motorway, providing seamless access to other cities, ports, and airports.

Land Characteristics
• Total area: 11,288 sqm
• Dual zoning classification:
o 7,563 sqm in the EX2 special development zone
o 3,725 sqm in the Γα4 agricultural zone
• Road frontage: Approximately 160 meters along a registered road
• Topography: Smooth sloping surface
• Utility services: Potential access to water, electricity, and telecommunications
The immediate area consists of mid-to-high specification detached houses, apartment buildings, and unutilized land, while the wider surroundings are primarily characterized by industrial developments.
Zoning & Development Potential
• EX2 (Special Development Zone)
o 80% building density
o 45% coverage
o Maximum 2 floors / 10m height
• Γα4 (Agricultural Zone)
o 10% building density
o 10% coverage
o Maximum 2 floors / 7m height

Advantages & Special Features
• Exceptional investment opportunity for land development organizations
• Prime location with excellent accessibility
• Versatile zoning, offering multiple development possibilities
This premium field presents an outstanding opportunity for investors and developers looking to capitalize on a strategic location in Nicosia.