Residential Plot 768 m²

An excellent opportunity to acquire a well-positioned residential plot of 768 sqm in the rapidly developing “Kokkini” area of Psimolofou, just minutes from Nicosia.

Located within a newly formed residential neighborhood featuring modern infrastructure and quality detached homes, this plot offers privacy, practicality, and long-term investment value.

________________________________________

Location

• Situated in the sought-after “Kokkini” area of Psimolofou

• Positioned on a quiet residential road

• Surrounded by newly built contemporary houses

• Easy access to Nicosia city centre

• Approximately 20 minutes to the Limassol highway

• Close to schools, supermarkets, bakeries, cafés and daily amenities

An ideal setting for families seeking peaceful living with convenient city access.

________________________________________

Plot Details

• Parcel Number: 505

• Block: 03

• Sheet/Plan: 30/43W1

• Total Area: 768 sqm

• Road Frontage: Approx. 22 meters

• Planning Zone: H3 (100% affected)

________________________________________

Development Potential (H3 Zone)

• Building Density: 60%

• Coverage: 35%

• Maximum Floors: 2

• Maximum Height: 8.3 meters

Up to approximately 460 sqm buildable area

Up to approximately 269 sqm ground floor footprint

Ideal for a spacious detached family residence

________________________________________

Key Advantages

Flat surface — minimizing construction costs

Approximately 22m road frontage allowing flexible architectural design

Located in an organized residential area with completed infrastructure

Adjacent plot (504 – 782 sqm) also available for purchase, offering potential combined acquisition of 1,550 sqm

________________________________________

Investment Perspective

Psimolofou continues to attract buyers seeking:

• Larger residential plots

• Low-density living environments

• Modern detached homes

• Proximity to Nicosia without city congestion

This property represents a secure opportunity for private home construction or long-term land investment in a steadily developing residential zone.