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The plot is in Lefkosia, Egkomi – Makedonitissa, with an area of 576 sq.m and fully in planning zone Εβ4. You can build up to 806 sq.m in total, with a ground floor of 288 sq.m, up to 4 floors and a maximum height of 17 m. A 4-floor building could have about 200 sq.m per floor. The area is good for residential or mixed-use buildings, especially near universities like University of Nicosia and European University Cyprus, making it attractive for investment.
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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