Residential Land For Sale In Mosfili, Nicosia, Cyprus(1673 Sq.m) 1673m²

Residential Land for Sale in Mosfili, Nicosia, Cyprus(1673 Sq.m) We are pleased to present an exceptional investment opportunity in the heart of Nicosia’s desirable Mosfili area. This prime residential land, offered at an attractive price of €20,000, offers considerable potential for residential development. With a strategic location and favorable planning zones, this plot is perfect for developers or individuals looking to capitalize on the growing real estate market in Nicosia. Property Details: The land is divided into two distinct planning zones, Γ3 and Η3, each providing specific development rights and potential for future projects. Γ3 Planning Zone: Affected Percentage: 69% Density: 0.1 Coverage: 0.1 Maximum Number of Floors: 2 Maximum Building Height: 8.3 meters Ideal Low-Density Residential Development Opportunity: This portion of the land is located within the Γ3 planning zone, allowing for low-density residential development. The coverage and density limitations make it ideal for creating a peaceful, low-rise residential environment, with a maximum of two floors permitted at a building height of up to 8.3 meters. The relatively low density offers the potential for spacious homes, offering ample privacy for future residents. Η3 Planning Zone: Affected Percentage: 31% Density: 0.6 Coverage: 0.35 Maximum Number of Floors: 2 Maximum Building Height: 8.3 meters Flexible Development Opportunity in Η3 Planning Zone: The remaining 31% of the land falls under the Η3 planning zone, which allows for higher-density development. With a density of 0.6 and coverage of 0.35, this portion provides greater flexibility for larger residential projects, while still maintaining a maximum of two floors and a height limit of 8.3 meters. This zone offers an excellent opportunity for more expansive residential buildings or multi-unit properties, appealing to both developers and homeowners alike. Investment Potential: The combination of these two planning zones allows for diverse residential development options, from spacious single-family homes to multi-unit complexes. The land's location in Mosfili, a growing and desirable area of Nicosia, further enhances its value. With an asking price of only €20,000 Euros, this property presents an affordable yet high-potential investment in one of the most promising regions of the city. This residential land in Nicosia’s Mosfili area offers a unique opportunity to invest in a rapidly developing part of the city. With favorable zoning conditions, a competitive price, and the potential for both low and medium-density residential development, this property is an attractive proposition for investors, developers, and homeowners. Don’t miss out on the chance to secure this prime piece of land with significant growth potential. For more information or to schedule a viewing, please contact us today!