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 (\u039b\u0395\u03a5\/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 \u039a\u03b17, with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10\u03bc) of construction.","locale":"en"}],"disclaimer":[{"value":["The property is owned by Themis Portfolio Management Holdings Limited.","The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.","The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.