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Property 2200 Geri, Nicosia / 49131

Prime Residential Field In Geri, Nicosia.

  • Thumbnail 1 Property 2200 Geri, Nicosia / 49131
  • Thumbnail 2 Property 2200 Geri, Nicosia / 49131
Photos 2

For Sale • Deal

462,000€

Estimated Mortgage

/month

3950

Plot m2

Community

Property Type

Rural Land

District

Nicosia

Plot m2

3950 m2

Land Type

Residential

Property Description

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.

Location

Property 2200 Geri, Nicosia / 49131
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

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Transfer Fees

Transfer Fees Individual

15,080 €

Transfer Fees Joint Names

11,680 €

Stamp Duty

832 €

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