€75,000 €144/m²

520m² Plot for Sale in Pano Deftera, Nicosia District

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

About this home

For Sale | Corner Rectangular Residential Plot of 520 m² with 44.74-Metre Frontage – Nicosia District
A corner rectangular residential plot of 520 m² is available for sale in Nicosia District, offering an interesting opportunity for individuals and investors seeking residential land with attractive development potential.
The property features a regular rectangular shape, a corner configuration and an impressive total frontage measurement of approximately 44.74 metres. These characteristics offer considerable flexibility for potential architectural planning and efficient utilisation 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. Although the property is described as a corner plot, its road access status must be clarified before any development can proceed.
The property benefits from a building density coefficient of 90% and a coverage ratio of 50%, providing favourable planning coefficients for potential residential development.
Based on its total area of 520 m², these coefficients correspond to an indicative maximum buildable floor area of approximately 468 m² and an indicative maximum ground coverage of approximately 260 m².
The combination of its 520 m² land area, rectangular shape, corner position and substantial 44.74-metre frontage measurement makes the property an interesting option for buyers considering the construction of a private residence or another residential development, subject to the necessary legal access arrangements and planning approvals.
Its practical configuration and attractive planning coefficients also make it an appealing option for investors seeking a long-term residential land investment.
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 corner configuration, generous frontage measurement, rectangular shape, 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 clarification of its legal access status.
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!

TranslateΜετάφρασηПеревестиתרגום
Reference
70209
Property type
Land and Plots
Plot area
520 m²
Building density
90.00%
Coverage ratio
50.00%
Max. floors
2
Max. height
8 m

What it will really cost

Asking price€75,000
Title transfer fee ~€1,125
Estimated total€76,125
Mortgage estimate
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Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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Location

Pano Deftera, Nicosia district · 2460

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€75,000€144/m²
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