Property 8504 Psimolofou, Nicosia / P-122862

This property offering is a large residential plot located in the serene community of Psimolofou, within the Nicosia District. The plot is unrivaled in its location, situated just off the Machairas Avenue, which serves as a major road connection between Psimolofou and Deftera. This strategic location provides easy access to neighboring villages and all necessary amenities and services, making it an ideal investment for those looking to construct residential properties. The plot features an expansive internal area of 686 square meters, offering ample space for development. The land has a regular shape, a level surface, and boasts a road frontage of approximately 20 meters, adding to its appeal. With a building density of 120% and coverage of 70%, it presents a great opportunity for construction. The plot is currently unfurnished, allowing potential buyers the freedom to customize and develop the land as they see fit. The key holder details for this property are ALTA.PR37226. This plot is classified as an 'Investment Property' under our custom investment category, and is currently available for sale. It is important to note that the purchase price is subject to VAT. With its large size, convenient location, and high development potential, this plot is a rare investment opportunity in the Nicosia District.