Property P-119332 Tseri, Nicosia

This offer presents an exceptional opportunity for investors and developers. The land is located in the heart of Tseri, a residential community within Nicosia, a city that is rich in history and culture. This plot, which spans approximately 1.5 hectares (or 750 square meters), is currently unfurnished, providing a blank canvas for the new owner to build and develop as they see fit. The land falls under the residential town planning zone, ensuring that any development aligns with the needs and character of the surrounding community. The plot is also considered an 'Investment and Development Property', indicating its high potential for return on investment. The maximum floor for any building developed on this plot is two storeys, which can accommodate various types of structures, from apartment complexes to retail spaces. Furthermore, this property is labelled as the 'property of the month', highlighting its desirability and potential for profitable investment. The municipality, TSERI, holds key details about the plot and can provide further information to interested buyers. This property is subject to VAT, which should be taken into consideration when calculating the overall investment. Don't miss out on this unique investment opportunity in the bustling city of Nicosia.