Bazaraki
Property 6286692
Nicosia · EUR 595,000 · Unknown type
An excellent investment opportunity in the rapidly developing area of Tseri, offering a 62.5% (5/8) undivided share of a large dual-zone field. The entire field extends to 11,697 sq.m., with the share corresponding to approximately 7,310 sq.m. The property is ideally positioned about 2 km north of Tseri’s town centre and the well-known Church of Saints Constantine and Helen, ensuring convenient access to local amenities. Key Features: •Share: 62.5% (approx. 7,310 sq.m.) •Total Field Area: 11,697 sq.m. •Frontage: Approx. 100m along a registered public road (eastern boundary). •Shape & Topography: Almost regular shape with a slight southwest incline. Planning Zones: The property benefits from a highly attractive dual planning designation: •Residential Zone Ka8 (46%) •Commercial Zone Eβ (54%) With a building density coefficient of up to 60% and land coverage of up to 35%, the asset offers significant flexibility for mixed residential and commercial development, making it suitable for a wide range of investment strategies. This is a rare opportunity to secure a substantial landholding in an expanding municipality of the Nicosia district, combining strong road frontage, advantageous zoning, and long-term development potential. No distribution agreement in place. The property is held within a Special Purpose Vehicle (SPV). Acquiring the company shares results in no Transfer Fees and no VAT being applicable to the transaction.
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| When | Field | Old | New |
|---|---|---|---|
| 2026-05-10 07:01 UTC | price | 770000.0 | 595000.0 |
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