Description
Location
• Situated in Tseri, approximately 1 km southeast of the community center, the property lies within a quiet and well-established residential area.
• The location offers easy access to Nicosia and surrounding areas, making it ideal for residential development in a growing suburb.
Land Characteristics
• The assets represent a 75% undivided share of four adjoining residential fields with a total land area of 17,040 sq.m. (corresponding to approximately 12,780 sq.m. for sale).
• The land is relatively level, facilitating construction, and benefits from dual access via registered roads on the southwest and northeast boundaries, with a total road frontage of περίπου 105 meters.
Planning & Development Potential
*** The fields fall within TWO residential planning zones
A) Κα6 (90% building density, 50% coverage, 2 floors).
B) Κα8 (60% building density, 35% coverage, 2 floors).
• A planning permit was previously issued for division into 14 plots and 1 field (now expired), indicating strong development potential. No distribution agreement is currently in place.
Advantages & Special Features
• This is a substantial landholding offering scale, accessibility, and flexible residential zoning.
• The combination of location, level topography, dual road access, and prior planning approval makes it an excellent opportunity for developers or investors seeking long-term value and strategic land banking potential.
• Situated in Tseri, approximately 1 km southeast of the community center, the property lies within a quiet and well-established residential area.
• The location offers easy access to Nicosia and surrounding areas, making it ideal for residential development in a growing suburb.
Land Characteristics
• The assets represent a 75% undivided share of four adjoining residential fields with a total land area of 17,040 sq.m. (corresponding to approximately 12,780 sq.m. for sale).
• The land is relatively level, facilitating construction, and benefits from dual access via registered roads on the southwest and northeast boundaries, with a total road frontage of περίπου 105 meters.
Planning & Development Potential
*** The fields fall within TWO residential planning zones
A) Κα6 (90% building density, 50% coverage, 2 floors).
B) Κα8 (60% building density, 35% coverage, 2 floors).
• A planning permit was previously issued for division into 14 plots and 1 field (now expired), indicating strong development potential. No distribution agreement is currently in place.
Advantages & Special Features
• This is a substantial landholding offering scale, accessibility, and flexible residential zoning.
• The combination of location, level topography, dual road access, and prior planning approval makes it an excellent opportunity for developers or investors seeking long-term value and strategic land banking potential.
Property facts
- Property reference49128
- Property typeFinca
- Property statusrent
- Price£ 475,637
- Bedrooms0
- Bathrooms0
- BuiltN/A
- LocationOther, Other, Cyprus
- Price text550,000 EUR
- Numeric price475,637 GBP
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Agency
FOX - Nicosia Office
City
Other
Region
Other
Country
Cyprus
Source
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