(Share) Dual-Zone Residential/Commercial Land in Tseri, Nicosia

€595,000
29971

Overview

  • Share 63
  • Plot 11,697 m²

An excellent investment opportunity in the rapidly developing area of Tseri, offering a 62.5% (5/8) undivided share of a large dual-zone field. The entire field extends to 11,697 sq.m., with the share corresponding to approximately 7,310 sq.m. The property is ideally positioned about 2 km north of Tseri’s town centre and the well-known Church of Saints Constantine and Helen, ensuring convenient access to local amenities. Key Features: • Share: 62.5% (approx. 7,310 sq.m.) • Total Field Area: 11,697 sq.m. • Frontage: Approx. 100m along a registered public road (eastern boundary). • Shape & Topography: Almost regular shape with a slight southwest incline. Planning Zones: The property benefits from a highly attractive dual planning designation: • Residential Zone Ka8 (46%) • Commercial Zone Eβ (54%) With a building density coefficient of up to 60% and land coverage of up to 35%, the asset offers significant flexibility for mixed residential and commercial development, making it suitable for a wide range of investment strategies. This is a rare opportunity to secure a substantial landholding in an expanding municipality of the Nicosia district, combining strong road frontage, advantageous zoning, and long-term development potential. No distribution agreement in place. The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.

Planning zones

Zone Cover factor Build factor Max height Max floors Affected percentage
Κα8 35% 60% 10 m 2 46%
Εβ 0% 0% 0 m 0 54%

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