€50,000
Residential Land , Agios Ioannis, Nicosia
Land type
Field
Plot type
Agricultural
Features
Property description
Location • Situated in the heart of the Agios Ioannis community, this parcel offers a tranquil residential setting within the wider Nicosia district, ideal for peaceful family living. • The property is conveniently positioned just a short distance from the community's central hub, ensuring easy access to local shops and administrative services. • Key local landmarks, including the historic Agiou Ioanni church, are located nearby, contributing to the area's rich cultural character and community feel. • Residents will benefit from its placement in a well-established neighbourhood, providing a secure and welcoming environment for constructing a new permanent home. • Excellent connectivity to Nicosia’s main road network allows for straightforward travel to the city centre, commercial areas, and essential amenities like schools and supermarkets. External Features • This substantial share of land corresponds to an impressive area of approximately 2,353 square meters, offering extensive space for a significant residential project. • The plot features a highly desirable regular shape and a completely even surface, which greatly simplifies the planning and construction process for future development. • Benefiting from an exceptional position, the land abuts a registered public road along two of its boundaries, providing versatile and convenient access points. • Its significant road frontage extends for a considerable length, enhancing the property's potential for subdivision into smaller, individual plots or for creating a grand entrance. • The land's northern orientation within the parent parcel ensures it receives ample natural light throughout the day, a key consideration for architectural design. Advantages - Special Features • Zoned as Η2 residential, the property permits a generous building density of 90%, allowing for the development of spacious, multi-level residences or a housing complex. • The planning regulations allow for the construction of a two-storey building, making it perfectly suited for creating modern family homes with ample living space. • This asset represents an outstanding investment opportunity, with clear potential for plot separation and resale or for the development of a lucrative residential project. • Its prime location and favourable characteristics make it an ideal choice for developers seeking a ready-to-build site in a sought-after Nicosia community. • The combination of size, accessibility, and planning permissions provides a unique and flexible canvas for creating a bespoke private residence with extensive gardens and amenities.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Beta — mortgage estimates only
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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- Sales agreement, valuation, title deed or planning documents, insurance, and deposit proof.
- Ask the bank which first-home products and documents apply.
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.