Development Plot in Akaki, Nicosia with Notable Growth Potential
€34,950€19/m²
Akaki, Nicosia, Cyprus
1,839 m²
interior
1,839 m²
plot
Land
property type
7 Jul 2026
listed
The Habio take
AI summaryThis excellent 1839.5 m² plot of land in Akaki offers significant development opportunities, ideally positioned near village amenities. With a tranquil setting and a competitive price, it's perfect for investors or those seeking to create their dream home in Cyprus.
- investment
- quiet
- countryside
Highlights
- 1839.5 m² plot size
- 10% build factor for immediate development
- Clear title deed, no debt
- Strategic location with easy access to village centre
- Potential for significant rental market growth
Worth knowing
- Limited current amenities in the immediate area
- Further planning required for extensive development
Good fit for: Ideal for investors or individuals looking to build a home in a historic village setting.
Lifestyle scores
- Beach
- 15
- Walkable
- 55
- Remote work
- 50
- Family
- 60
- Retirement
- 70
- Airport access
- 40
- Investment
- 75
- Luxury
- 30
- Value
- 80
About this place
Discover an exceptional opportunity with this 1839.5 m² plot of land for sale in the village of Akaki, located in Nicosia District, Cyprus. The plot boasts a 10% build factor, enabling immediate construction with the potential for increased value through obtaining planning permission for further development. This desirable piece of land is situated conveniently close to the village centre, making it accessible and highly attractive for potential buyers.
Akaki is rich in history, with its roots tracing back to the Byzantine or Latin periods. The village's fertile land has traditionally supported agriculture, nourished by the Akakios River, and is now home to various crops and livestock farms. While maintaining its rural charm, Akaki is within commuting distance to Nicosia, where local residents often find employment. This blend of rural living with urban accessibility makes it an appealing location for development or building a tranquil home.
Historical highlights of Akaki include its old olive mills and ruins that reflect its vibrant past, including the remains of the medieval 'Tower of Franks.' With its unique mix of culture, history, and economy, Akaki is not only a peaceful retreat but also a promising investment for the forward-thinking buyer.
Where you’ll be
Akaki, Nicosia, Cyprus
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
