€79,000 €136/m²

579m² Plot for Sale in Pano Deftera, Nicosia District

Pano Deftera, Nicosia district Posted 14 minutes ago Updated 14 minutes ago
579 m²Plot
G&P Lazarou Estate Agents Agency · Reg. 701 · Licence 442/Ε 5,781 for sale · 315 for rent

About this home

For Sale | Rectangular Residential Plot of 579 m² with 18.81-Metre Frontage in Nicosia District – 90% Building Density
A rectangular residential plot of 579 m² is available for sale in Nicosia District, offering an attractive opportunity for individuals and investors seeking residential land with considerable future development potential.
The property features a regular rectangular shape and a generous frontage of approximately 18.81 metres, providing flexibility in architectural planning and allowing for efficient use of the available land.
The plot is currently classified as landlocked, meaning that direct legal access to a registered public road has not been established. Any proposed development would therefore require clarification of the property's access arrangements and compliance with the relevant planning requirements.
The property benefits from a building density coefficient of 90% and a coverage ratio of 50%, offering significant potential for residential development, subject to the necessary legal access arrangements and planning approvals.
Based on its total area of 579 m², these coefficients correspond to an indicative maximum buildable floor area of approximately 521.10 m² and an indicative maximum ground coverage of approximately 289.50 m².
The combination of its 579 m² land area, rectangular configuration, 18.81-metre frontage and favourable planning coefficients makes the property an interesting option for buyers considering the construction of a private residence or another residential development, subject to the relevant approvals.
Its substantial size and development coefficients also make it an appealing opportunity for investors considering long-term land investment, while taking into account the property's current access status.
Situated within Nicosia District, the property is located in the wider residential surroundings of the capital.
Points of interest in the broader area include Lakatamia | Tseri | Paliometocho | Nicosia Mall | Nicosia City Centre.
Combining its generous land area, practical rectangular shape, wide frontage, 90% building density and 50% coverage ratio, this residential plot represents an interesting opportunity for buyers and investors seeking land with future development potential, subject to resolving the necessary access requirements.
To discover more residential plots and land for sale in Nicosia District, browse our complete portfolio:
https://gplazarou.com/properties/for_sale/nicosia?property_type%5Bland%5D%5Bplot%5D=plot
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] for further information or to arrange a viewing!

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Reference
70205
Property type
Land and Plots
Plot area
579 m²
Building density
90.00%
Coverage ratio
50.00%
Max. floors
2
Max. height
8 m

What it will really cost

Asking price€79,000
Title transfer fee ~€1,185
Estimated total€80,185
Mortgage estimate
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Location

Pano Deftera, Nicosia district · 2460

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