Cyprus Real Estate Marketplace

532m² Plot for Sale in Psimolofou, Nicosia District

  • €125 000
Price per m²
€235/m²
Title Transfer Fee
~€2,275
  • Ref. #: 55405
  • Plot area: 532m²

Residential Plot with Completed Basement in Psimolofou, Nicosia. Ideally situated close to a range of amenities, including shops, supermarkets, schools, and other essential services, while offering easy access to the surrounding communities and main road network. The property is located approximately 530 metres southeast of the traditional core of Psimolofou, about 90 metres east of Macheras Avenue, and approximately 2.6 km northeast of the traditional core of Episkopio community.

The plot has a total area of 532 sq.m. and benefits from a road frontage. It includes a completed basement structure, originally designed for the development of two semi-detached houses (it is noted that permits may need to be reissued).

The basement, with an area of approximately 213 sq.m., has been completed and part of it has been converted into a one-bedroom apartment. Based on the existing plans, the property offers the potential for two four-bedroom semi-detached houses with basement, ground and first floor, as well as private outdoor areas. Each house is expected to have an internal area of approximately 147 sq.m. upon completion.

The property falls within the Residential Zone H3, with a building density of 60%, coverage of 35%, and permission for 2 floors (8.3 m) of construction.

The title deed is available.

  • €125 000
Price per m²
€235/m²
Title Transfer Fee
~€2,275
  • Agency
  • R.N.:1104 L.N.:569/E
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