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Address Estate Agents
Residential Development
Tseri, Nicosia

€200,000  ($232,469)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
VAT Applicable not included in the price
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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Average Bank Rate (€200,000)
1 USD = 0.8312 EUR
$240,605

Mid-market rate (€200,000)
1 USD = 0.8603 EUR
$232,469

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: 912292 (8372)
  • Total covered area: 324 sqm
  • Plot: 603 sqm
  • Share Title Deed of the Land: 25.35%
  • Whole Land Reg. Number: 2/267

Description

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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