(Share) Residential Field 4850 m²
PYRGOS
A 50% share of a building plot is available for sale in Pyrgos, Cyprus.
The property concerns a divided residential parcel where the seller holds the right-hand (green) portion.
The remaining 50% is owned by another co-owner, with existing signed distribution agreement in place.
The land is suitable for residential development and investment purposes.
- Location: Pyrgos
- Half share (50%) of a registered plot with existing distribution agreement
- Seller holds the right-hand (green) section as per partition plan
- Other 50% owned by a private co-owner
- Road frontage of approximately 60 meters
- Building density (Factor): 30%
- Coverage ratio: 20%
- Zoning: Pure residential use
- Suitable for investment, developers, or residential development
- Clear title deed available for the entire parcel (shared ownership structure)
- Clause in partition agreement allows boundary adjustment if required by restrictions to maintain equal 50% net ownership
- Property is considered even and buildable
- Potential for development planning or future subdivision discussions
- VAT exempt based on confirmation from the tax department
- Co-owner side has expressed intent to proceed with subdivision, while the seller prefers not to engage further in development processes
- This property offers a structured opportunity within an established shared ownership framework.
- The frontage and zoning parameters support viable residential development potential.
- Clear legal documentation and partition agreement are already in place.
- An ideal option for buyers seeking land with defined ownership rights in Pyrgos.
Call us for more information!
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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