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17,040 SQM Land
Tseri, Nicosia
Offers in the region of

€550,000  ($638,525)

VAT Applicable not included in the price
UNDER OFFER
Bank Owned Property
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 8281558 (altia2821)
  • Plot: 17040 sqm

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:
\u2022Topography: Relatively level surface, facilitating future construction.
\u2022Access: Dual access via registered roads on the southwest and northeast boundaries.
\u2022Frontage: Total road frontage of approximately 105 m.
\u2022Planning History: A planning permit was previously issued (01\/03\/2011) for division into 14 plots and 1 field (currently expired).
\u2022Note: 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):
\u2022Reg. No. 10\/241: Total 3,893 sq.m. Zone \u039a\u03b16 (90% building coefficient, 50% coverage, 2 floors).
\u2022Reg. No. 10\/242: Total 5,751 sq.m. Zone \u039a\u03b16 (90% building coefficient, 50% coverage, 2 floors).
\u2022Reg. No. 10\/244: Total 4,218 sq.m. Zone \u039a\u03b18 (60% building coefficient, 35% coverage, 2 floors).
\u2022Reg. No. 10\/245: Total 3,178 sq.m. Zone \u039a\u03b18 (60% building coefficient, 35% coverage, 2 floors).","locale":"en"}],"disclaimer":[{"value":["The property is owned by Themis Portfolio (H3) Management Holdings Limited.","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.

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Disclaimer - Property reference 8281558. 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.