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FOR SALE

Ref: 53067

Plot, For Sale, Nicosia, Geri

Nicosia, Geri
€ 199.000 + VAT
  • sq-icon 5220 m²

    Plot Area

  • zone-icon Residential

    Town Planning Zone

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FOR SALE

Ref: 53067

Plot, For Sale, Nicosia, Geri

Cyprus, Nicosia, Geri
€ 199.000 + VAT
PROPERTIES
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Pavlos Pavlidis


Map

Land for Sale, Geri, Nicosia

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.


Details


Main Features

  • Title Deeds: Yes

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