£108,867

Block of flats for sale

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£108,867

€125,000

Block of flats for sale

Psimolofou, Nicosia, Cyprus

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Online viewing available.\nResidential Plot with Completed Basement – Potential 2 Semi-Detached Houses in Psimolofou, Nicosia.

This residential plot in Psimolofou offers a unique head-start for developers or homeowners. The property includes a completed basement structure on a 532 sq. M. Plot, originally designed for two identical semi-detached homes.

Property Highlights:
• Project Status: Two Incomplete Semi-Detached Houses (Basement Level Finished)
• Plot Area: 532 sq.m.
• Road Frontage: 25 meters along Chiou Street
• Occupancy: Vacant
• Existing Basement Area: 213 sq m. (Completed) – The basement parking space has been converted into a one-bedroom apartment.
• Projected Internal Area: 147 sq. M. Per house (Upon Completion)

Development Potential (Based on Approved Plans):
Construction began in 2002, with the basement completed. Existing architectural plans allow for two spacious 4-bedroom homes, each featuring:
• Basement (Completed): Dedicated space for a laundry room, boiler room, storage, and covered parking.
• Ground Floor (To be Constructed): Open-plan living and dining area, entrance hall, kitchen with secondary dining, and guest WC.
• First Floor (To be Constructed): Four bedrooms, a shared bathroom, and a covered veranda.
• Outdoor Space: Provision for private yards and two uncovered verandas for each home.

The property is situated approximately 530 meters southeast of the traditional core of Psimolofou, around 90 meters east of Macheras Avenue, and approximately 2.6 km northeast of the traditional core of Episkopio community.

The property falls within Zone H3, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (8.3m) of construction.

You can tour this property via live video chat. We perform video walkthroughs via your favorite mobile chat app (Whatsapp or Viber). Request a viewing now.

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Property descriptions and related information displayed on this page are marketing materials provided by - ADDRESS ESTATE AGENTS LTD. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact ADDRESS ESTATE AGENTS LTD for full details and further information.

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