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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 South Nicosia (Τοπικο Σχεδιο Νοτιας Λευκωσιας)
Commercial: 0.37 Km
Tourist: 25.43 Km
Industrial: 1.23 Km
Agricultural: 1.02 Km
Farm: 1.71 Km
An outstanding investment opportunity in the rapidly developing area of Dali, this property comprises three adjoining residential plots with a total land area of 22,738 sqm. Ideally situated in a central location, the property benefits from excellent accessibility and is within close proximity to schools, supermarkets, public services, and all essential amenities, while offering easy access to Nicosia and the surrounding areas.
The property falls within the Residential Planning Zone Κα8, with a 100% building density, 60% building coverage, permission for the construction of up to two floors, and a maximum building height of 10 metres. These planning parameters provide excellent development potential, making the property suitable for a wide range of residential projects, including detached and semi-detached houses, residential complexes, or other large-scale housing developments, subject to the necessary planning approvals.
A significant advantage of this offering is that one of the three plots benefits from a valid planning permit for subdivision into residential building plots, allowing a purchaser to proceed with development in a more efficient and cost-effective manner.
With its substantial land area, strategic central location, favourable planning characteristics, and existing subdivision permit, this is a rare opportunity for developers and investors seeking a prime residential development site with exceptional long-term value and investment potential.
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.
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