Property 7316 Geri, Nicosia / P-117920

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.