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Property 2200 Geri, Nicosia / P-117920

Residential Corner Plot For Sale In Geri, Nicosia. The Plot Is 887sqm With A 64m Road Frontage. It Lies Within Zone 8 With A Building Density Coefficient Of

  • Thumbnail 1 Property 2200 Geri, Nicosia / P-117920

For Sale • Deal

205,000€

Estimated Mortgage

/month

887

Plot m2

Community

Property Type

Residential Land

Building Density

60%

Building Coverage

35%

District

Nicosia

Plot m2

887 m2

Land Type

Residential

Property Description

This is an exceptional opportunity to acquire a residential corner plot in the newly developed area of Geri, Nicosia. The plot measures 887 square meters with a road frontage of 64 meters. It is located within zone 8 and boasts a building density coefficient of 60%, a land coverage coefficient of 35%, and an allowance to build up to 2 floors or 10 meters high. This strategic location offers easy access to Nicosia city and the highways to Limassol and Larnaca.

This plot represents an excellent investment opportunity for both individual home builders and developers, with the potential for a significant return on investment. The area is rapidly developing and has already attracted a number of successful residential projects. The plot is currently unfurnished, providing the new owners with the flexibility and opportunity to develop the plot according to their individual needs and preferences. The sale price is plus VAT, and the property subtype is a plot.

The land type is also a plot. The rent frequency is monthly, making this an excellent choice for those who wish to invest in a thriving and fast-growing area of Nicosia, with excellent connectivity to other parts of the city and the island.

Property Highlights

Unfurnished

Location

Property 2200 Geri, Nicosia / P-117920
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

4,800 €

Transfer Fees Joint Names

3,425 €

Stamp Duty

318 €

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