€100,000
Residential Land , Ergates, Nicosia
Land type
Field
Plot type
Agricultural
Features
Property description
Location • Situated in the tranquil and developing area of Ergates, this expansive plot offers a peaceful countryside setting within the accessible Nicosia district. • The property is conveniently located just 800 meters from the heart of Ergates village, ensuring easy access to local shops, tavernas, and community services. • Its strategic position near the boundaries of Episkopio village further expands the available amenities, adding to the convenience of this serene location. • Residents will enjoy a relaxed, pastoral lifestyle while remaining within a comfortable commuting distance of Nicosia's vibrant city center and commercial hubs. • The surrounding area is characterized by open landscapes and traditional village charm, making it an ideal choice for those seeking to escape the urban hustle. Advantages - Special Features • This substantial 4,070 square meter residential field presents a remarkable opportunity for the development of a large, private residence or a bespoke housing project. • A separate and clean title deed is available for the property, guaranteeing a straightforward and secure transfer of ownership for the new buyer. • The plot benefits from a generous 40% building density and 25% coverage ratio under the H4 planning zone, allowing for significant and flexible construction possibilities. • With its rectangular shape and even surface, the land facilitates easier and more cost-effective planning and construction processes for any future development. • The property abuts a public stream along its southeastern boundary, providing a unique natural feature that enhances the aesthetic appeal and sense of tranquility. • Representing a sound investment, this plot holds significant potential for capital appreciation due to its size, location, and the growing demand for residential land in the area.
Location
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Mortgage calculator
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.
Beta — mortgage estimates only
Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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.
Use only if the planning-permit and declaration deadlines apply.
- 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.
- 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.
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.