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1,115 SQM Plot
Geri, Nicosia
Offers in the region of

€205,000  ($238,070)

SOLD IN 6 DAYS
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 1674243 (130376)
  • Plot: 1115 sqm
  • Close to amenities
  • Title deeds available
  • Walking distance to bus service

Description

Residential plot in Geri municipality of Nicosia district. It is approximately 380 m southeast of the municipal’s A’ primary school and approximately 280 m south of Geriou Avenue. The property is ideally situated close to a plethora of amenities and services such as schools, banks, supermarkets, shops, etc. It is an excellent location which designates an increased demand for residential properties due to its attractiveness and accessibility. It has a regular shape and an inclined surface. It abuts a public registered road along its northwestern boundary with a frontage of approximately 25 meters. Within the property, there are some economically obsolete structures/buildings. It lies within residential Town Planning Zone Κα5 which allows for the development of a three-storey building with a building factor of 100%. It is also suitable for residential development.

Use: Residential
Land area: 1,115 m2 (whole share)
Title deed: The property has a separate title deed
Planning zone: Κα5
Building Coefficient: 100%
Coverage Coefficient: 50%
Maximum Floors Allowed: 3
Maximum Building Height (m): 11,30

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€4,800 ($5,574)
If buying on joint names
€3,425 ($3,978)

Disclaimer - Property reference 1674243. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.