€185,000 €309/m²

599m² Plot for Sale in Geri, Nicosia District

Geri, Nicosia district Posted 20 minutes ago Updated 20 minutes ago
599 m²Plot
G&P Lazarou Estate Agents Agency · Reg. 701 · Licence 442/Ε 5,765 for sale · 286 for rent

About this home

For Sale | Residential Plot of 599 m² Under Subdivision with 23 m Road Frontage in Geri, Nicosia
A residential plot with a total area of 599 m² is available for sale in Geri, Nicosia District. The property represents an attractive opportunity for individuals, families and investors seeking residential land with development potential in an established residential area.
The plot falls within Residential Planning Zone Κα7, featuring a building density coefficient of 80% and a coverage ratio of 45%, offering potential for residential development, subject to the necessary planning and building approvals.
Based on the stated planning coefficients, the property has a theoretical maximum buildable floor area of approximately 479.20 m² and a theoretical maximum ground coverage of approximately 269.55 m². These figures are indicative and remain subject to applicable planning regulations and approvals.
One of the property's key advantages is its road frontage of approximately 23 metres, offering flexibility for the design and layout of a future residential development.
The plot is currently under subdivision, and prospective buyers should verify the relevant subdivision permits, completion requirements and arrangements for issuing a separate title deed before proceeding with a purchase.
The property's generous size and residential planning characteristics make it an interesting option for the construction of a private residence or another permitted residential development, subject to the applicable regulations.
Situated in Geri, the property benefits from its location within the wider Nicosia residential area, offering access to neighbouring communities, educational institutions, shops and everyday amenities.
Important points of interest in the wider area include Geri Village Centre | University of Cyprus | Athalassa National Forest Park | Latsia | Nicosia General Hospital.
Combining its 599 m² land area, 80% building density, 45% coverage ratio, 23-metre road frontage and location in Geri, this residential plot represents an appealing opportunity for buyers planning a future residential development or long-term land investment.
To discover more residential plots and land for sale in Nicosia District, you can browse our complete portfolio directly from our website by clicking the following link:https://gplazarou.com/properties/for_sale/nicosia?property_type%5Bland%5D%5Bplot%5D=plot
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] for further information or to arrange a viewing!

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Reference
66939
Property type
Land and Plots
Plot area
599 m²
Building density
80.00%
Coverage ratio
45.00%
Max. floors
2
Max. height
10 m

What it will really cost

Asking price€185,000
Title transfer fee ~€4,000
Estimated total€189,000
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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Location

Geri, Nicosia district

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€185,000€309/m²
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