Residential Plot 604 m²
Prime Residential Plot with Existing House – Ideal Redevelopment Opportunity
📍 Location: Kaimakli, Nicosia
Located in a quiet and well-established residential area of Kaimakli, this property presents an exceptional opportunity for redevelopment within one of Nicosia’s most accessible neighborhoods.
The property occupies a substantial plot of 604 sq.m. featuring a regular rectangular shape and a flat surface, with an approximate frontage of 19 meters along a registered asphalt road. It benefits from excellent accessibility to the Nicosia city centre and surrounding districts, as well as close proximity to schools, shops, and other key amenities.
An older single-storey residence of approximately 90 sq.m., estimated to be around 55 years old, currently occupies the site. However, the primary value lies in the redevelopment potential of the land, as the existing building does not reflect the property’s highest and best use.
Falling within the Κα4 (Ka4) Residential Planning Zone, the plot enjoys a high building density of 120%, providing significant potential for the construction of modern residences or a boutique apartment building.
Key Property Highlights
Plot Size: 604 sq.m.
Frontage: Approx. 19 m (registered asphalt road)
Planning Zone: Κα4 (Ka4) – Residential Use
Building Density: 120%
Coverage: 50%
Floors: 3
Maximum Height: 13.50 m
Existing Structure: 90 sq.m. single-storey house (approx. 55 years old)
Shape: Regular and rectangular
Access: Excellent connection to city centre and main routes
Development Potential: Ideal for residential redevelopment or small apartment project
Registered & Licensed Real Estate Agency
La Maison Real Estate
📍 Registered Real Estate Agent: Maria Zervou
A.M.770 A.A.400/E
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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