Cyprus
Create listing

Detached House for sale, Nicosia, Aglantzia

Posted: 2 days ago
ID: 186437
Aglantzia, Nicosia, Cyprus
  • Coverage ratio: 50%
  • Density: 120%
€260 000

Reference number: 62489

For Sale Detached House With Residential Plot In Aglantziia,Nicosia Strategic Detached House & Residential Plot Investment in Aglantzia Experience an exceptional and highly practical real estate opportunity with this premium residential plot and traditional detached house, sold together as a unified asset, strategically located in the high-potential and prestigious heart of Aglantzia, Nicosia. This property represents a unique, top-tier proposal, offering a solid, high-value asset that combines the timeless architectural heritage of a listed building with the vast development potential of a prime residential plot. Designed for individuals, cultural preservation enthusiasts, or savvy developers who demand the perfect balance of central urban proximity, unique character, and academic node connectivity, the property stands as a remarkable investment. Capitalizing on the extensive government incentives, tax exemptions, and restoration grants available for listed buildings, this property ensures a high-yield opportunity while remaining seamlessly connected to the capital's core infrastructure. Development Potential & High-Value Residential Features The property features an outstanding development and living space, meticulously matching rigorous contemporary urban standards, spanning a total land area of 456 square meters. Characterized by excellent planning metrics, the plot falls 100% within the highly sought-after Κα4 Residential Planning Zone. It offers an impressive building density of 120% and a coverage factor of 50%, allowing for the construction of a substantial 3-storey residential building with a maximum height of 13.5 meters. The presence of the character-filled detached house introduces incredible versatility: buyers can meticulously restore the historic building using specialized structural funding, or potentially utilize unused building density rights for transfer or expansion, creating an exceptionally profitable and practical investment environment. Extensive Property Features Property Type: Residential Plot & Detached House Location: Aglantzia, Nicosia Total Land Area: 456 m² Planning Zone: Κα4 (Residential Zone - 100%) Building Density: 120% Coverage Factor: 50% Maximum Floors: 3 Storeys Maximum Height: 13.5 meters Infrastructure: Ready for immediate connection to water, electricity, and telecommunication networks Suitable For: Perfect for private buyers looking for a historic home with immense cultural value, or investors and developers seeking to exploit listed building benefits and high-density development in a prime university district Nearby Landmarks & Amenities In a convenient location for a vibrant routine in the Aglantzia and wider Nicosia area, the property is supported by essential infrastructure and prominent landmarks. The University of Cyprus (UCY New Campus) is a world-class academic institution and prominent regional landmark situated within the immediate area. Athalassa National Forest Park is a major natural and environmental green landmark offering extensive walking paths and scenery nearby. Larnacos Avenue Commercial Node is a primary commercial artery providing immediate access to major supermarkets, retail shops, and cafes. The Landmark Nicosia is a high-profile commercial and hospitality landmark situated a short driving distance away. The Ministry of Energy, Commerce, and Industry is a central national administrative destination located within the wider district. Aglantzia Municipal Hall is a central local civic and administrative destination situated nearby. Aretaeio Hospital is a major private healthcare facility providing essential medical services within a short drive. Nicosia City Center (Eleftheria Square) is the capital's primary professional, cultural, and shopping core easily accessible from the property. Contact G&P Lazarou Estate Agents today at +357 22024949 or email sales@gplazarou.com to arrange your private viewing!
Translate into English

Main Parameters

Building condition
Needs renovation
propertyReference
PERNERA, AGLANTZIA, NICOSIA, REG:2/1723
Plot area
456 m²
Coverage ratio
50
Covered area
228 m²
Density
120
Year built
1973
Bedrooms
studio
Water
Yes
Kitchen
No
Electricity
Yes
Property status
Resale

Location features

  • City center
  • Near university
  • Near the park
GP Lazarou avatar
GP Lazarou

Location

Interactive map showing the area around the property. latitude 35.14509733814 and longitude 33.424028116702 Radius: 0.5 km Use the plus and minus buttons to zoom in and out.