(Share) Residential field in Geri, Nicosia
€160,000
+VAT
Overview
Reference 185146
Plot:5268m²
A 33% share of a residential field, corresponding to approximately 1,756sq.m. of a total 5,268sq.m. situated in Geri municipality, Nicosia District. High-potential residential parcel situated in the rapidly developing outskirts of Geri, ideal for a contemporary housing complex or private estate. The property is located 1,3km southwest of the municipality center, approximately 600 meters southeast of Iona and Kolokasi Gymnasium school and it abuts on Ayia Lavra street. Regular shape with an even surface, offering maximum building efficiency and ease of construction. There is a distribution agreement in place and an active planning permit for the division into plots, expiring on 29/05/2026 (ΛΕΥ/0291/2014). The subject share concerns future plots No. 3 and No.4, which will have a total area of approximately 579sq.m. and 575sq.m respectively. The property falls within Residential Zone Κα7, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Κα7 45% 80% 10 m 2
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