Property 2201 Latsia, Nicosia / 45501
Exceptional Residential Field In Prestigious Pen Hill.
For Sale • Deal
380,000€
Estimated Mortgage
/month
1730
Plot m2
Overview
Property Description
Location • Situated in Pen Hill, one of the most prestigious residential areas of Nicosia, this residential field enjoys an exceptional position. • Near to the road leading to the General Hospital roundabout and the Mall of Cyprus, it offers both exclusivity and convenience. • Its proximity to three main entrances of the city ensures effortless connectivity, while the surrounding forest land adds a sense of privacy and tranquility.
Plot characteristics • The property extends to approximately 1,730 sq.m., providing ample space for various development options. • It has a flat surface and benefits from a registered road access, with a total frontage of about 46 meters. • These characteristics make the field highly practical for immediate use.
• Falling within Zone Kα7 (Residential Zone), the property allows for a building coefficient of 80%, coverage of 45%, and construction of up to 2 floors (10.00m/8.30m height). • This zoning offers generous building capacity, whether for a single luxury residence or multiple housing units. Advantages & Special Features • A major advantage is that a planning permit is already in place for dividing the land into two plots, giving buyers flexibility for both personal use and investment purposes.
• Its privileged location, excellent access, and versatile development potential make this residential field a rare opportunity in one of Nicosia’s most sought-after neighborhoods.
Property Highlights
Electricity
Water
Location
39.97 kms
108.84 kms
7.85 kms
8.35 kms
9.01 kms
9.06 kms
9.67 kms
9.99 kms
3.28 kms
6.78 kms
6.83 kms
7.96 kms
8.51 kms
9.91 kms
Transfer Fees
Transfer Fees Individual
11,800 €
Transfer Fees Joint Names
8,400 €
Stamp Duty
668 €