Property 12777 Palaiometocho, Nicosia / L-120409

This property for sale is a residential plot of land located in the peaceful community of Palaiometocho, Nicosia. The land spans a total area of 1373 square meters. This provides ample space for residential development, given the favorable zoning laws of the area. The land is located in the H3 residential zone, which allows for a building density of 60% and a coverage ratio of 35%. This means that potential buyers have the liberty to construct up to 2 storeys building, thereby maximizing the value of their investment. Additionally, the land features a flat surface, which simplifies construction processes and reduces associated costs. The location of the plot is another one of its strong points. It is situated just outside the center of the village, which allows for quiet and peaceful living, while still maintaining easy access to all the amenities of the village. Moreover, it is conveniently located just twenty minutes away from the city of Nicosia, providing easy access to the city's amenities and opportunities. Despite these numerous advantages, the plot of land is priced modestly in relation to its total residential area. Whether you are looking to build your dream home or invest in a promising real estate opportunity, this plot of land in Palaiometocho, Nicosia offers great potential.