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.