Property 49131 Geri, Nicosia

Location
• The property is situated within the administrative boundaries of Geri, under the Latsia–Geri Municipality, in Nicosia District. Near to Athalassas park.
• It enjoys convenient accessibility, being approximately 1.7 km from the B1 motorway and just 3 km from Latsia town centre.
• The location offers easy connectivity to Nicosia city and surrounding areas, making it suitable for residential development.
Land Characteristics
• The asset concerns a 50% share of a residential field, corresponding to approximately 3,950 sq.m., out of a total land area of 7,900 sq.m.
• The field has a rectangular shape and benefits from level topography, factors that facilitate development planning and construction. Access is provided via a non-asphalted (dirt) road, with an impressive total frontage of approximately 95 meters.
Town Planning Details:
• Zone: Κα7 (Residential)
• Building Density: 80%
• Coverage Ratio: 45%
• Maximum Height: 2 floors (10 metres)
Advantages & Special Features
• Large land share of approximately 3,950 sq.m.
• Regular rectangular shape allowing efficient land utilization
• Flat surface, reducing potential development costs
• Generous road frontage of 95 m
• Easy access to the motorway network
• Suitable for residential development in a growing suburban area
Note: There is currently no distribution agreement in place.