Skip to main content
1,697 SQM Land
Kato Pyrgos, Nicosia

€6,700  ($7,799)

21 Property Finder

21 Property Finder

Reg. No: 1022 / Licensed No: 505/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $273

Average Bank Rate (€6,700)
1 USD = 0.8300 EUR
$8,072

Mid-market rate (€6,700)
1 USD = 0.8591 EUR
$7,799

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1769303 (152254)
  • Plot: 1697 sqm

Description

Nestled in a vibrant commercial zone in the heart of Nicosia, this exceptional plot of land spans 594 square meters, offering an incredible opportunity for development. The site boasts a zoning classification of Ez k, lending itself to a dynamic build coefficient of 60 percent and a covered coefficient of 35 percent. With a generous permissible building height of 8.3 meters and a maximum of six floors, the potential for constructing a remarkable structure is immense. Upon securing the necessary permissions from local authorities, you can develop a building with a total area of 356 square meters, making this a strategic investment in a thriving location. The surrounding environment enhances the appeal of this property, being situated within easy walking distance to essential amenities. Residents can access a variety of services including banks, pharmacies, hairdressers, beauty salons, corner shops, and bakeries without the need for a vehicle. Additionally, the property is a mere five minutes from reputable secondary schools and a local church, enriching the community experience. The property is easily accessible, with road frontage measuring 200 meters along a wellmaintained tarmac secondary road, ensuring smooth connectivity. Located only 161 meters from the main highway, commuting to and from the city is straightforward, while the beautiful coast is just 37 kilometers away, providing a perfect balance of urban living and beach leisure. This commercial plot comes with the attractive advantage of having no associated VAT tax, making it an even more enticing proposition for developers and investors alike. The title deed is readily available, offering a seamless transition for the next chapter of development. With views of the vibrant townscape and an excellent location within the center of Nicosia, this property embodies the essence of a flourishing lifestyle. Seize the opportunity to become a part of this thriving area and bring your vision for a new development to life. Experience all that this prime location has to offer by stepping into your future today.

For privacy reasons, the advertiser has not indicated the exact address.
Open map  

Buying expenses

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.

Transfer fees
If buying as an individual
€101 ($117)
If buying on joint names
€101 ($117)

Disclaimer - Property reference 1769303. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

52 properties SOLD in Kato Pyrgos and nearby areas! Get in touch with local agents who can sell your property fast at the best price!