Share (75%) of a Residential Development in Agios Ioannis, Nicosia

Description

This property concerns a 75% share of a residential development in Agios Ioannis, Nicosia, located 700 m from the center of the village and 810 m from the Agios Ioannis – Kato Moni road. The development comprises 9 residential plots on a total land area of 3,101 m², on which 3 houses have been erected (2 completed and 1 semi-constructed). A distribution agreement has been signed with the co-owner, under which the share for sale corresponds to 5 empty plots (nos. 272, 273, 274, 277 and 278) and the plot with the semi-erected house (no. 275). Falling within Residential Zone Η2 with 90% building density, 50% coverage, and permission for two floors up to 8.30 m, this is a ready-structured opportunity for a developer or investor to complete and build out in an established village setting.