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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.35
Density: 0.6
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Tseri (Τοπικο Σχεδιο Τσεριου)
Residential: 0.44 Km
Commercial: 0.09 Km
Tourist: 32.69 Km
Industrial: 1.37 Km
Agricultural: 0.38 Km
Farm: 2.57 Km
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\u2019s town centre and the well-known Church of Saints Constantine and Helen, ensuring convenient access to local amenities.
Key Features:
\u2022 Share: 62.5% (approx. 7,310 sq.m.)
\u2022 Total Field Area: 11,697 sq.m.
\u2022 Frontage: Approx. 100m along a registered public road (eastern boundary).
\u2022 Shape & Topography: Almost regular shape with a slight southwest incline.
Planning Zones:
The property benefits from a highly attractive dual planning designation:
\u2022 Residential Zone Ka8 (46%)
\u2022 Commercial Zone E\u03b2 (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.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Primoxia Holdings Ltd, an SPV of Eurobank Limited. When buying the shares of the company, transfer fees will not be applicable.","The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 8249172. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.
