€550,000

Rare Residential Development Opportunity – Approved Plot for 6 Apartments in Egkomi, Nicosia

Rare residential development opportunity located in a desirable area of Egkomi, Nicosia, just off Ilia Papakyriakou Street. The property falls within the KA5 residential planning zone and benefits from an approved planning permit for the development of 6 modern apartments with rooftop terraces.

The plot extends to approximately 539 sqm and benefits from a 100% building coefficient and 50% coverage, making it an ideal opportunity for developers seeking a ready-to-build residential scheme in a strong demand location.

Situated on a quiet residential road with wide pedestrian pavement, the property offers excellent accessibility and attractive development potential within close proximity to universities, embassies, business centres, and key amenities.

Property Features:

• KA5 Residential Zone
• Planning Permit Approved for 6 Apartments
• Rooftop Terraces Approved
• 100% Building Density
• 50% Coverage
• Plot Size: 539 sqm
• Wide Pavement Frontage
• Quiet Residential Location
• Development-Ready Opportunity

For further information or to arrange a viewing, please get in touch.