FOR SALE - €310,000 - REF. NO. L106208

TENDER SUBMISSION DEADLINE:
TUESDAY 29 APRIL 2025, 10:00 a.m.

Residential field in Pano Deftera community of Nicosia district. It is situated at a distance approximately 580 m east of Machara Avenue and approximately 990 m southwest of Leventios Stadium Ethnikos Deuteras.

The property it is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops etc. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility.

It has a regular shape and an inclined surface. It abuts onto a public registered road along its northern boundary with frontage of approximately 47 meters. It is worth noting that it abuts two under-registration roads, on its eastern boundary and southeastern end, which is a result of the plot separation from the adjacent field.

It lies within residential Town Planning Zone Η3 which allows for the development of a two-storey building with a building factor of 60%. It is also suitable for plot separation or a residential development.

The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).