€125,000
Land , Agios Dometios, Nicosia
Land type
Plot
Plot type
Residential
Features
Property description
Location • Situated in the sought-after Agios Pavlos parish, this property is part of a well-established and centrally located residential neighbourhood in Agios Dometios. • The plot enjoys excellent connectivity, positioned a short distance from Agiou Pavlou Avenue, which provides very easy access to the wider Nicosia city centre. • Residents benefit from superb proximity to a wide range of amenities, including local shops, charming cafes, and essential public services, all within a comfortable walking distance. • Its tranquil urban atmosphere offers a perfect blend of quiet residential living with the convenience and vibrancy of city life just moments away from your doorstep. • Key local landmarks, such as the historic Agios Pavlos Church and the popular Nicosia Race Club, are situated nearby, adding to the area's distinct appeal and community feel. External Features • This prime residential plot encompasses a total area of 295 square metres, presenting a generous canvas for a substantial new development project in a desirable urban setting. • The property features a regular rectangular shape and a completely level surface, which will significantly simplify the design and construction process for a new building. • It boasts approximately 12 metres of road frontage along a registered asphalt road, ensuring straightforward and practical access for both vehicles and future construction work. • Currently, the plot contains an older semi-detached house that is considered obsolete, positioning the site perfectly for complete redevelopment and modernization into a new residence. Advantages - Special Features • The property falls within the Κα4 residential planning zone, which allows for a high building density coefficient of 120% and a coverage of 50%, maximizing development potential. • Applicable zoning regulations permit the construction of a building up to three storeys high with a maximum height of 13.50 metres, ideal for a multi-level family home or apartment block. • This plot represents an outstanding investment opportunity for developers or private individuals aiming to construct a bespoke property in a highly accessible and popular Nicosia district. • The combination of its central location, regular shape, and favourable building regulations makes this an exceptionally attractive proposition for immediate development. • A separate title deed is readily available for the property, ensuring a clear, secure, and straightforward transfer of ownership for the prospective buyer. • Its status as a plot primed for redevelopment in a high-demand urban parish points towards strong potential for both significant capital appreciation and future rental yield.
Location
Open full map(opens in a new tab)Location details are based on the listing information provided by the owner/agent.
Sign up for free to call or WhatsApp the agent, or send an enquiry below without an account.
Schedule a viewing
No account needed. Share your contact details and the agent will confirm a time.
Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Beta feature — indicative estimates only, not financial or legal advice.
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.