Located in an attractive area of Deryneia, Famagusta, this substantial property offers an interesting opportunity for developers or investors looking for a large plot with development potential.

The property sits on a generous 770 m² corner plot, with approximately 55 metres of total road frontage. The plot is rectangular with a level surface and benefits from access from both Delphi Street to the north and Aiantos Street to the east.

Currently, the property includes an abandoned listed house of approximately 140 m², together with an additional outbuilding at the southeastern part of the plot. The property is located within Residential Zone Κα4γ, with a 120% building density, 70% coverage, permission for up to two floors and a maximum building height of 8.3 metres.

The location is particularly convenient, approximately 100 metres from Archbishop Makarios Avenue and around 330 metres from Deryneia 3rd Primary School. Local amenities and the centre of Deryneia are close by, while the area's beaches are also within easy reach.

The property has a separate Title Deed

This is a bank-owned property with no VAT payable, offered at an indicative price and being sold through a tender process. Plus Wise Estates can assist you throughout the tender process, from preparing your offer through to submitting it on your behalf.

Contact Plus Wise Estates for further information or assistance with the tender process.