Plot for sale in Nicosia

Two adjacent plots with a total land area of 1,164 m in one of Nicosias most prestigious and high-demand residential locations
Ready building permit in place, allowing immediate commencement of construction and eliminating planning delays
Permit valid until 2030, providing flexibility for project timing and phased execution
Approved development for 14 two-bedroom apartments plus 2 large three-bedroom duplex units with private roof gardens
Efficient unit mix ideally suited for strong resale demand and consistent rental income
Premium duplex penthouses with large verandas and roof gardens offering higher sales values

Ownership held through a company structure transfer can be completed via share transfer
No VAT payable
No property transfer fees
Significantly reduced acquisition costs, improving overall investment returns

Prime location near Landmark Nicosia Hotel, University of Cyprus, and Kallipoleos Avenue, ensuring strong tenant demand and high occupancy
Suitable for both build-to-sell and build-to-rent strategies
Strong rental yield potential from students, professionals, and executives
Reduced development risk due to existing licences and approved plans
Fast time-to-market and immediate development capability
Excellent capital appreciation prospects in a central, supply-constrained area

Investment Potential

Lower entry costs due to tax and fee savings
Multiple exit strategies (unit sales, block sale, or rental portfolio)
Stable recurring income potential
High absorption rate expected due to prime location and modern unit configuration
Attractive opportunity for developers and private or institutional investors