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530 SQM Plot
Pallouriotissa, Nicosia

€295,000  ($336,919)

21 Property Finder

21 Property Finder

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

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $11,792

Average Bank Rate (€295,000)
1 USD = 0.8460 EUR
$348,711

Mid-market rate (€295,000)
1 USD = 0.8756 EUR
$336,919

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: 1711988 (151970)
  • Plot: 530 sqm

Description

Presenting a unique opportunity to invest in a prime parcel of land, this property is ideally situated within a vibrant community close to various amenities. Just a stones throw away, you will find popular dining spots like McDonalds which make for convenient dining options. The serene ambiance of the local Panagias Evangelistrias church adds charm to the neighborhood, while Frederick University is easily accessible, making it a perfect location for students or educators. The 530 square meter plot is nestled in a mainly residential area and possesses exceptional land characteristics. Located within the planning zone Ka 3, it offers a generous build coefficient of 140 with the possibility for a covered coefficient up to 50. The maximum permissible building height is set at 17 meters, allowing for an impressive four floors of development. Imagine the potential to create a modern residential building with a total area of 742 square meters, perfectly suited for contemporary living. In addition to the potential for development, this lot boasts excellent accessibility to various essential services. Within walking distance, residents can enjoy convenience at banks, pharmacies, hairdressers, beauty salons, corner shops, bakeries, and local parks. Families will appreciate the proximity to schools and nurseries, making it easy to foster a nurturing environment for children. To enhance leisure time, the nearby communal swimming pool and gymnastics center cater to a healthy lifestyle. The captivating view of the town from this plot further enhances its appeal, creating a picturesque backdrop for daily life. Access to this property is via a wellmaintained tarmac secondary road, complemented by an impressive road frontage of 46 meters, allowing for ease in future development. This land presents an exceptional opportunity for developers or contractors looking to make their mark in a thriving area. The absence of VAT ensures that it is straightforward to advance your planning, with all the necessary conditions aligned for successful development. With just 6 kilometers from the main highway and a 45kilometer distance from the nearest beach, this location offers both accessibility and a sense of escape. This property is ready to welcome your vision and ideas. If you are looking to create a lasting impact with your next development project or seeking a strategic addition to your portfolio, this land is a canvas for your ambitions. Embark on a journey of possibilities and schedule a visit to experience the charm and potential this location has to offer.

For privacy reasons, the advertiser has not indicated the exact address.
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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
€8,400 ($9,594)
If buying on joint names
€5,675 ($6,481)

Disclaimer - Property reference 1711988. 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.

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