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11,697 SQM Commercial Land
Tseri, Nicosia

€770,000  ($889,250)

VAT Applicable not included in the price
Monday Square

Monday Square

Registration Number: 1298 License Number: 453/E

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Compared currency flag Pay in USD and save up to $31,124

Average Bank Rate (€770,000)
1 USD = 0.8366 EUR
$920,374

Mid-market rate (€770,000)
1 USD = 0.8659 EUR
$889,250

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.

Planning Zone

Commercial (ΕΒ)

Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργειων)

Coverage: 0.5

Density: 1

Height: 13.5 meters

Allowed stories: 3

Development description: Local Plan Of Tseri (Τοπικο Σχεδιο Τσεριου)


Nearby planning zones

Residential: 0.47 Km

Tourist: 32.63 Km

Industrial: 1.4 Km

Agricultural: 0.41 Km

Farm: 2.58 Km

Key features

  • Listing ID: 8333494 (3739)
  • Plot: 11697 sqm

Description

An excellent investment opportunity in the rapidly developing area of Tseri, this property offers a 62.5% (5/8) undivided share of a large dual-zone field. The entire field extends to 11,697 sq.m., with the share corresponding to approximately 7,310 sq.m. The asset is conveniently located about 2 km north of Tseri’s town centre and the Church of Saints Constantine and Helen, providing easy access to local services and amenities. The field has approximately 100 m of frontage along a registered public road on its eastern boundary and features an almost regular shape with a slight incline towards the southwest. It benefits from a highly attractive dual planning designation, with 46% falling within Residential Zone Ka8 and 54% within Commercial Zone Eβ.

The applicable planning parameters allow a building density of up to 60% and land coverage of up to 35%, offering considerable flexibility for a range of residential or commercial development options. This property represents a rare opportunity to secure a substantial landholding in an expanding municipality of the Nicosia District, combining advantageous zoning, strong road frontage, and long-term investment potential. It is noted that there is currently no distribution agreement in place.

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Disclaimer - Property reference 8333494. 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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