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Residential Field 8363 m²

Nicosia, Latsia - Agios Georgios
Posted: 26.03.2026 21:32 Ad ID: 6374713
  • Share: No
  • Density: 60%
  • Coverage: 35%
  • Land type: Field
  • Plot area: 8363 m²
  • Plot Type: Residential
  • Parcel number: 558
  • Planning zone: K α8
  • Online viewing: Νο
  • Square meter price: €185 /m²
Location: Nicosia — Latsia - Agios Georgios
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FOR SALE: 8,363 m² Premier Residential Field | Latsia, Nicosia

NO VAT | PRIME DEVELOPMENT SITE NEAR GSP STADIUM

The Opportunity

An exceptional residential development site of 8,363 m² located in the prestigious Agios Georgios Quarter of Latsia. Positioned in a high-growth corridor favored by Nicosia’s professional class, this parcel is a rare find in the 2026 market, where large, unified fields are almost entirely exhausted.

Financial Edge: VAT-Exempt

This property is offered via private sale with NO VAT. In a market where corporate-owned land carries a 19% tax burden, this listing provides an immediate multi-hundred-thousand-euro capital advantage for the purchaser.

Technical Breakdown (Registry Ref: 3/628)

* Land Area: 8,363 m²

* Planning Zone: Κα8 (Residential)

* Building Density: 60% (Allows for ~5,017 m² of covered construction)

* Coverage: 35%

* Height: 2 Floors (10m) – Ideal for a high-end villa complex or luxury low-rise apartments.

Market Context & Connectivity

* Strategic Hub: Located just minutes from the GSP Stadium, the Mall of Cyprus, and the General Hospital.

* Capital Growth: Latsia continues to lead Nicosia’s suburban demand, with residential property values rising 5-7.5% annually over the last three years.

* Infrastructure: Immediate access to the Nicosia-Limassol motorway, making it a primary choice for commuters and high-net-worth families.

Investment Potential

* Villa Subdivision: Capability to produce 10-12 generous residential plots.

* Unified Community: Ideally suited for a modern "green" residential complex with private roads and communal amenities.

Asking Price: €1,550,000 (VAT Exempt)

Back Next
Views: 34
Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
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    +357 99 592 218

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