Investment Opportunity ? 75% Undivided Share of Four Adjacent Residential Fields in Tseri, Nicosia
For Sale / EUR 550.000 (VAT not included)
77775070
or +357 95598488
Property ID:
VL54531
Office Code:
NEAL
Type:
Land / Plot
35
2
239
Area:
Tseri
District:
Nicosia
Plot Size:
17.040 m2
Land Type:
Agricultural
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DESCRIPTION
Excellent investment opportunity in Tseri, Nicosia, offering a 75% undivided share of four adjoining residential fields. The properties are ideally positioned approximately 1 km southeast of the Tseri community center, within a quiet, established residential area.
The four fields have a combined land area of 17,040 sq.m., with the 75% share corresponding to approximately 12,780 sq.m. This substantial landholding presents significant potential for residential development or strategic land banking.
Key Features:
?Topography: Relatively level surface, facilitating future construction.
?Access: Dual access via registered roads on the southwest and northeast boundaries.
?Frontage: Total road frontage of approximately 105 m.
?Planning History: A planning permit was previously issued (01/03/2011) for division into 14 plots and 1 field (currently expired).
?Note: No distribution agreement is currently in place.
This offering is particularly attractive for developers seeking scale within a growing suburb. The combination of location, accessibility, and previous planning history enhances the long-term value proposition.
Property Breakdown (75% Share):
?Reg. No. 10/241: Total 3,893 sq.m. Zone ??6 (90% building coefficient, 50% coverage, 2 floors).
?Reg. No. 10/242: Total 5,751 sq.m. Zone ??6 (90% building coefficient, 50% coverage, 2 floors).
?Reg. No. 10/244: Total 4,218 sq.m. Zone ??8 (60% building coefficient, 35% coverage, 2 floors).
?Reg. No. 10/245: Total 3,178 sq.m. Zone ??8 (60% building coefficient, 35% coverage, 2 floors).
The four fields have a combined land area of 17,040 sq.m., with the 75% share corresponding to approximately 12,780 sq.m. This substantial landholding presents significant potential for residential development or strategic land banking.
Key Features:
?Topography: Relatively level surface, facilitating future construction.
?Access: Dual access via registered roads on the southwest and northeast boundaries.
?Frontage: Total road frontage of approximately 105 m.
?Planning History: A planning permit was previously issued (01/03/2011) for division into 14 plots and 1 field (currently expired).
?Note: No distribution agreement is currently in place.
This offering is particularly attractive for developers seeking scale within a growing suburb. The combination of location, accessibility, and previous planning history enhances the long-term value proposition.
Property Breakdown (75% Share):
?Reg. No. 10/241: Total 3,893 sq.m. Zone ??6 (90% building coefficient, 50% coverage, 2 floors).
?Reg. No. 10/242: Total 5,751 sq.m. Zone ??6 (90% building coefficient, 50% coverage, 2 floors).
?Reg. No. 10/244: Total 4,218 sq.m. Zone ??8 (60% building coefficient, 35% coverage, 2 floors).
?Reg. No. 10/245: Total 3,178 sq.m. Zone ??8 (60% building coefficient, 35% coverage, 2 floors).
MAIN PROPERTY FEATURES
This land / plot in Tseri, Nicosia is being offered for sale at EUR 550.000 (VAT not included).
To arrange an appointment to view this and any other property from our website, please call or email us directly.
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