Large Residential Development Plot in Altherico
€290,000
Altherico, Cyprus, Cyprus
5,352 m²
plot
Land
property type
1 week ago
listed
The Habio take
AI summaryThis expansive 5,352 m² plot in Altherico presents a prime investment opportunity with excellent development potential. Located in a growing area of Cyprus, it is ideally suited for residential projects.
- investment
- new build
- quiet
Highlights
- Large plot size of 5,352 m²
- Zoned for residential development
- High building density of 90%
- Maximum height allowance of 8.3 m
- Access via registered road
Worth knowing
- Limited information on local infrastructure
- No immediate development plans included
Good fit for: Ideal for investors or developers looking for a long-term opportunity.
Lifestyle scores
- Beach
- 60
- Walkable
- 35
- Remote work
- 50
- Family
- 40
- Retirement
- 45
- Airport access
- 55
- Investment
- 75
- Luxury
- 30
- Value
- 70
About this place
This large residential development plot spans 5,352 m² in Altherico, Cyprus, offering significant potential for various development opportunities. Zoned H2, it boasts a building density of 90%, allowing for considerable construction under the regulations of the area.
With a coverage of 50% and the potential for two floors at a maximum height of 8.3 metres, this plot is suitable for investors and developers aiming to create residential units. The property also has access via a registered road, enhancing its viability for future projects. This is a unique opportunity for long-term investment in a promising location.
Where you’ll be
Altherico, Cyprus, 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
