€190,000
Residential Plot , Strovolos, Nicosia
Land type
Plot
Plot type
Residential
Features
Property description
Location • Situated within the highly sought-after Agios Vasilios quarter in Strovolos, an area known for its residential appeal and excellent community infrastructure. • The property is conveniently positioned near a wide array of amenities and services, including reputable schools, supermarkets, banks, and diverse retail shops. • Residents will benefit from close proximity to premier healthcare facilities, ensuring peace of mind and easy access to medical services when needed. • Superb connectivity is a key feature, with the plot located just a short distance from the major Spyrou Kyprianou Avenue for easy local travel. • This location provides outstanding access to the national motorway network, making intercity commutes and trips to the airport exceptionally convenient. • Its placement within a zone of increased demand for quality housing highlights the area's attractiveness and accessibility for families and professionals alike. External Features • This residential plot encompasses a generous area of 542 square meters, providing ample space for the construction of a substantial private residence. • The land features a level and even surface, which simplifies the planning and execution of foundation work, potentially reducing initial construction costs. • It boasts an extensive road frontage of approximately 40 meters along a publicly registered road, offering excellent access and design flexibility for the future dwelling. • The plot's triangular shape presents a unique opportunity for an architect to create an innovative and distinctive home design that maximizes the available space. • There is significant potential to develop beautifully landscaped private gardens and spacious outdoor entertainment areas, including a swimming pool and barbecue zone. Advantages - Special Features • The property is accompanied by a separate title deed, ensuring a secure and straightforward transfer of ownership for the prospective buyer. • It falls within the Κα7 residential planning zone, which permits a building density of 80% and a coverage of 45% across two floors. • This presents an exceptional investment opportunity for either a private individual looking to construct a dream family home or a developer aiming for capital appreciation. • The combination of a prime location and favorable building regulations designates this plot as an ideal canvas for a modern architectural project. • The high demand for homes in this specific Strovolos neighborhood suggests strong potential for future rental yield and long-term value growth.
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.
- ID/passport, proof of address, tax details, and source-of-funds evidence.
- Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
- 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.