€50,000
Residential Plot , Lythrodontas, Nicosia
Land type
Plot
Plot type
Residential
Features
Property description
Location • Discover a prime residential plot situated within the tranquil and traditional community of Lythrodontas in the picturesque Nicosia district. • The property is conveniently positioned just a short walk from the village's central amenities, including the local primary school and church. • This peaceful location offers a serene, family-oriented lifestyle away from the city's hustle, surrounded by the area's natural green landscapes. • Residents can enjoy the charm of village life while benefiting from straightforward access to the main road networks leading to Nicosia's capital center. • The surrounding neighbourhood is characterized by its quiet residential streets and a strong sense of community, ideal for raising a family. External Features • This substantial 707 square meter plot provides a generous canvas for constructing a spacious family residence with extensive outdoor areas. • Benefiting from an almost regular shape and a completely flat surface, the land allows for simplified and cost-effective planning and construction. • The plot boasts an impressive road frontage of approximately 65 meters along two sides, offering superior design flexibility and multiple access options. • Its favourable southeast orientation is perfectly poised to maximize natural sunlight for any home built on the site, enhancing its warmth and brightness. • The ample dimensions afford the opportunity to create a beautiful private garden, a swimming pool, and dedicated parking spaces for a comfortable lifestyle. Advantages - Special Features • A separate and clear title deed is readily available for the property, ensuring a secure and straightforward transfer of ownership for the new buyer. • Falling within the residential planning zone H2, the plot permits a high building density of 90% and a coverage of 50%, allowing for a significant development. • This is an exceptional opportunity for an individual or a family looking to design and build their dream permanent residence in a peaceful setting. • The plot's prime location and generous building allowances also present a compelling proposition for developers seeking a valuable investment. • Its proximity to the local school and the inherent tranquility of the village make it a highly desirable choice for families seeking a quality of life.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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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.