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1,598 SQM Land
Geri, Nicosia

€300,000  ($345,470)

G P LAZAROU ESTATE AGENTS

G P LAZAROU ESTATE AGENTS

A.A. 442 A.M. 701

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $12,091

Average Bank Rate (€300,000)
1 USD = 0.8390 EUR
$357,561

Mid-market rate (€300,000)
1 USD = 0.8684 EUR
$345,470

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: 8442307 (60750)
  • Plot: 1598 sqm

Description

For Sale Land In Geri, Nicosia
Prime Development Opportunity in Geri
Located in the rapidly growing and highly sought-after residential area of Geri, Nicosia, this expansive field offers an exceptional investment and development opportunity. Spanning a generous 1598 square meters, it represents a solid, highly lucrative asset for developers or investors looking to construct a modern residential complex or a series of private homes in a peaceful yet accessible suburban neighborhood.
Zoning & Development Potential
This property boasts highly favorable residential zoning, falling predominantly within the Κα5 zone (98%) and marginally within the Κα7 zone (2%). With a high building density of 80% and a coverage factor of 45%, the land allows for substantial construction potential. Developers can comfortably build up to 2 storeys with a maximum building height of 10 meters, making it the perfect canvas for spacious, contemporary residential units.
Key Property Features
Property Type: Residential Field (For Sale)
Location: Geri, Nicosia
Plot Area: 1598 sq.m.
Planning Zone: Κα5 (98%) and Κα7 (2%)
Building Density: 80%
Coverage Factor: 45%
Maximum Floors: 2
Maximum Height: 10 meters
Nearby Landmarks
Conveniently located for a quiet yet connected lifestyle, this field is exceptionally well-positioned based on its precise coordinates in the Geri area. Future residents will enjoy immediate access to local supermarkets, bakeries, and essential retail services within the municipality. Key nearby landmarks include the University of Cyprus (UCY) Campus, making it highly attractive for student housing or academic professionals, as well as the beautiful Athalassa National Forest Park for outdoor recreation. Furthermore, the property's location provides highly efficient access to the main road networks leading directly into the Nicosia city center and neighboring areas, ensuring seamless daily commutes.
Contact G&P Lazarou Estate Agents today at +357 22024949 or email [email protected] to arrange your private viewing!

For privacy reasons, the advertiser has not indicated the exact address.
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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
€8,600 ($9,903)
If buying on joint names
€5,800 ($6,679)

Disclaimer - Property reference 8442307. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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