€330,000 €528/m²

625m² Plot for Sale in Engomi, Nicosia District

Engomi, Nicosia district Posted 3 hours ago Updated 3 hours ago
625 m²Plot
G&P Lazarou Estate Agents Agency · Reg. 701 · Licence 442/Ε 5,875 for sale · 320 for rent

About this home

For Sale | Residential Plot of 625 m² with 21.80-Metre Frontage in Engomi, Nicosia – Partial Land Exchange Considered
An attractive residential plot of 625 m² is available for sale in Engomi, Nicosia, offering an excellent opportunity for private buyers, investors and property developers seeking land in an established residential area of the capital.
The property features a generous road frontage of approximately 21.80 metres, providing flexibility for the architectural design and layout of a future residential development. Its size and frontage make it suitable for exploring various residential construction possibilities, subject to the relevant planning regulations and approvals.
The plot falls within Planning Zone Κα6, with a building density coefficient of 90% and a coverage ratio of 50%, offering significant development potential.
Based on its total area of 625 m², these coefficients correspond to an indicative maximum buildable floor area of approximately 562.50 m² and an indicative maximum ground coverage of approximately 312.50 m², subject to the applicable planning requirements and necessary permits.
The property benefits from access via a registered road. An additional characteristic is that the road is situated at a lower level than the plot, a feature that should be considered during the architectural design and technical planning of any future construction.
Situated in Engomi, the property enjoys a convenient location within the wider Nicosia area. Important nearby points of reference include University of Nicosia | European University Cyprus | Mall of Engomi | Makario Stadium | Nicosia City Centre, providing access to educational institutions, shopping facilities, recreational amenities and essential services.
An important advantage for potential investors and developers is that the owner is willing to consider a partial land exchange arrangement (antiparochi), offering an alternative transaction structure subject to mutually agreed terms.
Combining a 625 m² land area, substantial 21.80-metre frontage, Κα6 planning zone, 90% building density and registered road access, this property represents an attractive opportunity for residential development or long-term investment in Engomi.
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
70250
Property type
Land and Plots
Plot area
625 m²
Building density
90.00%
Coverage ratio
50.00%
Max. floors
2
Max. height
10 m

What it will really cost

Asking price€330,000
Title transfer fee ~€9,800
Estimated total€339,800
Mortgage estimate
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Location

Engomi, Nicosia district

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