Ref: 53067
Location
• Situated in the sought-after and rapidly developing residential area of Geri, offering a perfect balance of suburban tranquility and proximity to urban conveniences.
• Residents will benefit from superb access to the capital, with Nicosia's vibrant city centre and its comprehensive amenities located just a short drive away.
• The immediate neighbourhood provides all necessary daily facilities, including local supermarkets, bakeries, cafes, and reputable schools, catering perfectly to modern family life.
• Excellent connectivity to the main highway system ensures effortless travel to Larnaca International Airport and other major cities across the island.
• This desirable community is known for its peaceful atmosphere and contemporary residential projects, making it a prime choice for both families and professionals.
External Features
• This substantial 5,220 square meter plot provides an expansive canvas for a significant residential development project in a prime Nicosia suburb.
• The land benefits from a predominantly flat surface, a key advantage that greatly simplifies the planning and construction process while reducing potential groundwork costs.
• Its relatively regular shape allows for highly efficient architectural design and the optimal utilization of the entire area for building, landscaping, and amenities.
• The property is well-positioned within a developing residential zone, offering the promise of a cohesive and modern community environment for future residents.
• Located just a short distance from a main local road, the parcel's position provides the potential for a quiet and private setting once developed.
Advantages - Special Features
• Presenting a prime investment opportunity, the plot falls primarily within the Κα8 residential zone, offering a generous building density factor of 60%.
• Developers can capitalize on the 35% building coverage allowance, which permits the creation of spacious homes with significant interior and exterior living areas.
• Planning regulations permit the construction of up to two floors with a maximum height of 10 meters, ideal for building modern family villas or a residential complex.
• The large scale of the land makes it perfectly suited for a comprehensive development, offering the chance to create a unique and desirable residential community.
• Given its strategic location in a growing area, any completed project is poised for strong capital appreciation and will attract high rental or sales demand.
• This offering represents a rare chance to acquire a premium piece of development land with exceptional potential in a thriving and well-connected Nicosia district.
ARE YOU INTERESTED?
Complete the form or send an email to:
[email protected]