Residential Land in Latsia, Nicosia
| Residential Land | DP-CY17878
Not Subject to Vat
Not Subject to Vat
Not Subject to Vat
Description
The property is a residential field in Latsia Municipality, Nicosia, offers a development footprint of approximately 6,136 sq.m. The property is perfectly positioned for modern residential projects, with direct access via a registered asphalt road along its eastern boundary and a frontage of 6.5 meters.
Located just 850 meters from the Nicosia–Larnaca–Limassol highway, it provides excellent connectivity to the city center and major coastal routes.
The land falls within Residential Zone Κα9, allowing a building coefficient of 40%, coverage of 25%, and up to two floors (10 meters) of construction, making it suitable for a medium-density development.
The property is held within a Special Purpose Vehicle (SPV), meaning that acquiring the company shares incurs no transfer fees and no VAT.