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3 Bedroom Detached house for sale in Geri, Nicosia

Geri, Nicosia, Cyprus
3 Bedroom Detached house for sale in Geri, Nicosia 499 Geri
Offers in the region of
536500 €536,500  ($573,867)
3 Bedroom Detached house
Geri, Nicosia
Offers in the region of

€536,500  ($573,867)

VAT Applicable not included in the price
Bank Owned Property

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Average Bank Rate (€536,500)
1 USD = 0.9033 EUR
$593,953

Mid-market rate (€536,500)
1 USD = 0.9349 EUR
$573,867

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1324232 (altia2095)
  • Bedrooms: 3
  • Total covered area: 153 sqm

Description

80% share, approximately 1.546 sq.m. out of total 1.933sq.m., of a residential complex corresponding to two houses and approximately 850 sq.m. of land in Geri, Nicosia.
The property is an ideal investment opportunity for developing an additional 5 houses or for dividing into plots, subject to renewing and acquiring the relevant permits,
House no. 2 is a semi-detached house consisting of an open plan living and dining area, a kitchen with a secondary sitting area leading to a veranda and a guest toilet.
The first floor consists of 3 bedrooms of which the master bedroom is en-suite, a balcony, and a shared bathroom with toilet.
Additionally, there is covered parking area, covered and uncovered verandas.
House no. 7 is also a semi-detached house consisting of an open plan living and dining area, a kitchen with a secondary sitting area leading to a veranda and a guest toilet.
The first floor consists of 4 bedrooms of which the master bedroom is en-suite, a balcony, a kitchenette and a shared bathroom with toilet.
The basement includes a living room, a kitchen, a bathroom with toilet, a large storage room, a smaller storage room, an boiler room, and a veranda.
Additionally, there is covered parking area, covered and uncovered verandas.
The asset is located approximately 1km from Geri community center and approximately 5km from A1 motorway.
The property falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction.
A distribution agreement is in place .

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