Property 2400 Engomi, Nicosia / P-102603
Residential Land For Sale In Egkomi, Nicosia. The Plot Size Is 521 Sqm, Close To Universities And Services In A Developing Area. The Property Allows For A
For Sale • Deal
205,000€
Estimated Mortgage
/month
521
Plot m2
Overview
Property Description
This is a prime piece of residential land located in the thriving community of Egkomi, in the district of Nicosia. The plot size is 521 sqm, providing ample space for the construction of a large residence or multiple apartments. The location is highly desirable, being close to universities and a host of services, making it ideal for families or for those looking to invest in student accommodation. The area is rapidly developing, presenting an exciting opportunity for growth and potential return on investment.
The plot allows for a 2-floor building, offering flexibility in the design and style of the potential structure. The land boasts a high building density of 90% and a generous coverage ratio of 50%, further enhancing its potential for development. The land is currently unfurnished, presenting a blank canvas for prospective buyers to create their dream home or investment property. Despite its prime location and development potential, the asking price is negotiable, further adding to the property's appeal.
The land is zoned as residential, ensuring a peaceful and relaxing atmosphere for future residents. This plot of land represents a rare opportunity to acquire a substantial piece of property in a sought-after area, with a host of amenities and services within easy reach. Whether you're a developer seeking your next project, an investor looking for a lucrative opportunity, or an individual hoping to build your dream home, this land could be the perfect fit for you.
Property Highlights
Unfurnished
Location
50.05 kms
106.99 kms
1.17 kms
2.65 kms
2.73 kms
3.18 kms
3.49 kms
4.11 kms
4.18 kms
4.21 kms
4.34 kms
4.60 kms
4.75 kms
5.98 kms
6.59 kms
4.89 kms
5.11 kms
5.12 kms
5.44 kms
5.55 kms
5.82 kms
5.89 kms
6.15 kms
6.30 kms
6.84 kms
8.40 kms
9.24 kms
Transfer Fees
Transfer Fees Individual
4,800 €
Transfer Fees Joint Names
3,425 €
Stamp Duty
318 €