€1,150,000
Land in Agios Ioannis
Land type
Plot
Plot type
Residential
Features
Property description
An outstanding opportunity to acquire a large commercial development plot measuring 592 m² in the highly desirable area of Agios Ioannis. Offering excellent potential for investors and developers, this spacious plot combines a strategic location, accessibility, and attractive city views. Agios Ioannis is a well-established and sought-after area known for its welcoming community, convenient lifestyle, and strong demand for residential and commercial properties. The plot enjoys easy access to a wide range of amenities, including shops, schools, supermarkets, cafes, and essential services, ensuring convenience for future occupants or businesses. One of the property's key advantages is its proximity to the highway, allowing for quick and easy connections to the city center and surrounding areas. The elevated position provides pleasant city views, further enhancing its appeal and development potential. Whether you are looking to develop commercial premises, create a mixed-use project, or secure a valuable investment in a growing location, this plot presents an excellent opportunity with significant long-term potential. Key Features Commercial development plot Total land area: 592 m² Desirable Agios Ioannis location Attractive city views Easy access to shops, schools, and everyday amenities Minutes from the highway Excellent investment opportunity Suitable for a variety of development projects Frequently Asked Questions What is the size of the plot? The plot has a total area of 592 m². Where is the property located? The property is situated in the popular and well-connected area of Agios Ioannis. Is the plot suitable for commercial development? Yes, the plot is designated for commercial use and offers excellent development potential. What amenities are nearby? The area provides convenient access to shops, schools, supermarkets, restaurants, cafes, and essential services. How accessible is the location? The property is located just a few minutes from the highway, offering excellent connectivity to the city and surrounding areas. Does the plot offer any views? Yes, the plot benefits from attractive city views. Is this a good investment opportunity? Absolutely. The combination of location, accessibility, plot size, and development potential makes it an appealing option for investors and developers. What types of projects could be developed on the plot? Depending on local planning regulations and permits, the plot may be suitable for commercial buildings, office space, mixed-use developments, or other investment projects.
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Mortgage calculator
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Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
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Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.