Building Plot in Alethriko with Development Potential
€300,000
Alethriko, Nicosia, Cyprus
4,014 m²
plot
Land
property type
1 week ago
listed
The Habio take
AI summaryThis 4,014 m² plot in Alethriko offers significant development potential within the H1 building zone. Located in Cyprus, it is ideal for creating a spacious residential project or investment property.
- investment
- new build
- quiet
Highlights
- Large plot size of 4,014 m²
- H1 building zone allows for three floors
- Building height of up to 11.4 metres
- High density and coverage rates for development
- Peaceful location in Alethriko
Good fit for: Ideal for developers or investors looking for land in Cyprus.
Lifestyle scores
- Beach
- 40
- Walkable
- 50
- Remote work
- 50
- Family
- 60
- Retirement
- 65
- Airport access
- 65
- Investment
- 70
- Luxury
- 30
- Value
- 80
About this place
This substantial plot of land in Alethriko City spans 4,014 square metres and is situated in a designated building zone classified as H1. This classification allows for a building height of up to 11.4 metres with a density of 120% and coverage of 70%, making it an attractive investment for those looking to develop residential properties.
Alethriko, known for its peaceful environment and proximity to various amenities, provides an excellent opportunity for prospective buyers seeking to undertake a development project in Cyprus.
Where you’ll be
Alethriko, Nicosia, Cyprus
Location is approximate — exact address is confirmed by the agent.
Open in Google MapsBuying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
