Investment 3 370 000 m² in Nicosia District, Cyprus

Cyprus
Archive cost $55,44M
Sold or out of date
Updated at: 03/03/2026

Location

Country: Cyprus
Region: Nicosia District

Property parameters

Total area: 3 370 000 m²

Description

A large area of 337 hectare of agricultural land in the outskirts of Nicosia. Under the Government's new policy for developing non urban areas, the property can be developed as a mixed use large integrated project, provided it includes two of the following strategic uses, besides the residential development: ■ Educational Institutions of all kinds ■ Hospitals, diagnostic, rehabilitation or geriatric care centers ■ Research and development centers and technology parks ■ Multipurpose sports centers Integrated projects utilizing the Government’s new policy enjoy a building coefficient of 25%. The current building coefficient in the area is 10%.

Location

Cyprus