Rare opportunity to acquire a 9,890 sq.m. residential plot in Aglantzia, Nicosia, within walking distance of the University of Cyprus, with a plans for 120-apartment development ready to go.
The land already holds both a planning permit and a plot division permit, and the architectural plans for seven residential buildings comprising 120 apartments are complete. This removes the most time-consuming and uncertain stages of a development, so the project can move forward without delay.
The scheme goes beyond standard residential blocks, with a full lifestyle offering for residents: an indoor gym, a coffee shop, an outdoor gym, a study area and a BBQ area. With the University of Cyprus on the doorstep, the location benefits from steady, long-term demand from students, academics, young professionals and families, making it well suited to both sale and rental strategies.
An ideal opportunity for developers and investors seeking a large, permitted residential project in one of Nicosia’s most in-demand areas.
Main Features
• Location: Aglantzia, Nicosia
• Walking distance to the University of Cyprus
• Plot size: 9,890 sq.m.
• Planning permit in place
• Plot division permit in place
• Plans ready for 120 apartments in 7 buildings
• Indoor gym
• Coffee shop
• Outdoor gym
• Study area
• BBQ area
• Strong demand from students, academics and young professionals
