Plot, For Sale, Nicosia, Geri

A 50% SHARE
Location
• Situated within the rapidly developing residential suburb of Geri, this property offers a peaceful yet connected lifestyle on the outskirts of the capital.
• The bustling town centre of Latsia is a mere 3-kilometer drive away, providing immediate access to a full range of amenities including supermarkets, schools, and cafes.
• Exceptional connectivity is assured with the B1 motorway located just 1.7 kilometers from the site, facilitating effortless travel to Nicosia city centre and other major cities.
• This location is nestled in a quiet, family-friendly neighbourhood characterized by modern residences and a tranquil atmosphere ideal for contemporary living.
• The surrounding area is experiencing consistent growth and investment, indicating a strong potential for future property value appreciation and community enhancement.

External Features
• This offering comprises a 50% share of a residential field, corresponding to a substantial land area of approximately 1,750 square meters.
• Benefiting from a perfectly level topography and a highly practical rectangular shape, the plot is exceptionally well-suited for straightforward and cost-effective construction.
• Direct and guaranteed access is provided via a registered public road, ensuring proper legal entry and simplifying all future development logistics.
• The entire parcel boasts an impressive road frontage of approximately 100 meters, allowing for considerable flexibility in architectural design and access points.
• Its positioning within an established residential area ensures that any future development will be integrated into a cohesive and well-maintained community.

Advantages - Special Features
• Falling within the desirable Κα7 residential planning zone, the property permits a high building coefficient of 80%, enabling extensive and valuable development.
• The generous 45% site coverage and a two-storey height allowance of up to 10 meters provide the perfect parameters for building spacious, modern homes.
• This represents an outstanding investment prospect for a property developer aiming to capitalize on the area's high demand for new residential units.
• It is also an ideal acquisition for an individual or family seeking to construct a large, bespoke residence with significant private outdoor space.
• The opportunity to acquire a significant share in a larger, well-positioned field presents a unique strategic advantage for collaborative or future-phased development projects.