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

Nicosia, Tseri
€770.000
ref 59399
land_type Field
town_planning_zone Residential
plot_area_amount 7,310m²

Description

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.

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.

Features

Details

City: Tseri
Land Type: Field
Town Planning Zone: Residential
Cover Factor: 3,500%
Building Density: 6,000%
Storeys Max Floor: 2
Share: 63

Areas

Plot Area: 7,310m²

Main Features

Zone: Κα8

The information displayed about this property comprises a property advertisement. G&P Lazarou Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associate information. This property advertisement does not constitute property particulars. Please contact us if you believe any of the information is listed incorrectly by calling: 77777771 or email us at [email protected] quoting the property reference no.

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