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    Land

    €900,000

    Land , Aglantzia, Nicosia

    Aglantzia, NICOSIA
    1143 m² plot

    Land type

    Plot

    Plot type

    Commercial

    Features

      Property description

      Location • Situated in a prime commercial position within the dynamic municipality of Aglantzia, offering excellent visibility and accessibility for any new business venture. • Located just 150 metres from the Aglantzia City Hall and only 1.1 kilometres from the prestigious University of Cyprus, ensuring a constant flow of traffic. • The property is within easy walking distance of Larnakos and Aglantzias Avenues, the area's primary commercial arteries bustling with shops and services. • This central address provides exceptionally easy access to the Nicosia city centre and the main highway network, connecting the capital to the rest of the island. • Surrounded by a vibrant mix of modern commercial developments, professional offices, and residential apartment blocks, creating a lively and established neighbourhood. • All essential amenities, including banks, cafes, and retail outlets, are readily available nearby, catering to the needs of both employees and customers. External Features • This substantial field encompasses a total area of 1,143 square metres, providing a generous canvas for a significant commercial or mixed-use project. • The plot benefits from a highly desirable dual road frontage on both its northern and southern borders, maximizing exposure and design flexibility. • It boasts an impressive road frontage of approximately 35 metres on its northern side, ideal for creating a commanding and visible commercial facade. • An additional frontage of around 16 metres on the southern boundary provides valuable secondary access for parking, deliveries, or alternative entrances. • The land's generally level topography presents a straightforward opportunity for development, potentially reducing groundwork costs and construction timelines for developers. Advantages - Special Features • Designated within the commercial planning zone ΕΒ3, the plot allows for a high building density of 160% and a site coverage of 50%, enabling substantial development. • The property's strategic location near the university and major business hubs presents a compelling investment opportunity with high potential for capital appreciation. • Its proximity to a large student population and thriving commercial district makes it an ideal site for retail spaces, offices, or specialized service providers. • The dual road access offers unparalleled logistical advantages for design, allowing for separate customer and service access points to optimize operational flow. • This plot represents a rare opportunity to acquire a significant commercial holding in one of Nicosia's most sought-after and continuously developing areas.

      Location

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      Location details are based on the listing information provided by the owner/agent.

      Nicosia Head Office

      Agent

      Agency ref: 54615

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      Mortgage calculator

      Beta

      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.

      Cyprus mortgage estimate
      Beta
      Last updated: 24 May 2026

      Mortgage calculator for this property

      Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.

      Listing price€900,000

      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.

      sqm

      Use only if the planning-permit and declaration deadlines apply.

      €180,000 deposit80% financed
      %
      years
      Cyprus fee assumptions
      • 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.
      Details buyers normally need
      • 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.
      Before applying

      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.

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