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The property is a share (25.35%) of an incomplete residential development in Tseri. It is located 230m from the main road connecting Nicosia - Tseri and 1km from the 2nd primary school of Tseri.
Seller's share of land area corresponds to 603sqm. The corresponding share of the development was intended to include two semi-detached houses in the southern part, a block of 8 apartments in the center, and two detached houses in the northern part.
Currently, within the parcel, there are two incomplete semi-detached houses on the southern side. Each house has a total covered area of 162sqm, and after the completion, the houses will consist of three bedrooms.
The property offers proximity to all amenities and provides easy access to Nicosia centre as well as to the Nicosia ring road.
A division permit has been issued for the subdivision of the parcel into three plots.
There is a distribution agreement in place.
Town planning zone: Residential
Building density: 90 %
Coverage ratio: 50 %
Max floors: 2
Max height: 10 m
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