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2,644 SQM Land
Psimolofou, Nicosia

€280,000  ($323,918)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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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 $11,337

Average Bank Rate (€280,000)
1 USD = 0.8352 EUR
$335,255

Mid-market rate (€280,000)
1 USD = 0.8644 EUR
$323,918

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: 7805445 (56128)
  • Plot: 2644 sqm

Description

FOR SALE R4ESIDENTIAL LAND IN PSIMOLOFOU,NICOSIA.
This residential field for sale in Psimolofou, Nicosia, presents an exceptional development opportunity for a large-scale project. The land boasts a significant area of 2,644 m2 , placing it in a category suitable for multi-unit residential construction. The urban planning specifications are highly advantageous, pointing to the H1 Residential Planning Zone, which is consistently associated with the highest density in the area. This zone permits a generous Building Density of 120% and a Cover Factor of 70%.The building allowance is set for a maximum of 3 Storeys with a maximum height of 11.4 m. Given the large plot size and the high building coefficient, this property is primarily suited for the development of a large apartment complex or a significant number of detached houses, offering a superb investment return in a tranquil yet well-connected suburb of Nicosia. Don't miss the opportunity and contact G&P Lazarou to book a viewing today!

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
€7,800 ($9,023)
If buying on joint names
€5,300 ($6,131)

Disclaimer - Property reference 7805445. 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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