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Home > Properties > Nicosia, Tseri > Ref 59399

For Sale, Land, Field, Nicosia, Tseri, 7,310m²

Nicosia, Tseri View on map

€595,000
€770,000 22.7% Price drop
An excellent investment opportunity in the rapidly developing area of Tseri, offering a 62.5% (5/8) undivided share of a large dual-zone field. The entire field extends to 11,697 sq.m., with the share corresponding to approximately 7,310 sq.m. The property is ideally positioned about 2 km north of Tseri’s town centre and the well-known Church of Saints Constantine and Helen, ensuring convenient access to local amenities. Key Features: • Share: 62.5% (approx. 7,310 sq.m.) • Total Field Area: 11,697 sq.m. • Frontage: Approx. 100m along a registered public road (eastern boundary). • Shape & Topography: Almost regular shape with a slight southwest incline. Planning Zones: The property benefits from a highly attractive dual planning designation: • Residential Zone Ka8 (46%) • Commercial Zone Eβ (54%) With a building density coefficient of up to 60% and land coverage of up to 35%, the asset offers significant flexibility for mixed residential and commercial development, making it suitable for a wide range of investment strategies. This is a rare opportunity to secure a substantial landholding in an expanding municipality of the Nicosia district, combining strong road frontage, advantageous zoning, and long-term development potential. No distribution agreement in place. Please Note: The field is subject to a road acquisition. The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
Details
Tseri
Field
Residential
3500.00
6000.00
Areas
7,310

Location

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