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Pay in USD and save up to $9,150Description: Core And Continuous Structure Areas (Περιοχες Πυρηνων Και Συνεχους Δομησης)
Coverage: 0.7
Density: 1.2
Height: 7 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 0.73 Km
Tourist: 26.15 Km
Industrial: 1.71 Km
Agricultural: 0.95 Km
Farm: 1.81 Km
FOR SALE | Residential Plot with Development Potential – Central Geri
Residential property in the center of Geri, ideally located within walking distance of schools, supermarkets, shops, pharmacies, banks, and public services.
The property consists of a 336 sq.m. residential plot situated within Planning Zone Πα9 (Traditional Core and Continuous Building Areas), offering attractive development potential.
Development Parameters:
Building Density: 120%
Coverage Ratio: 70%
Maximum Floors: 2
Maximum Height: 7 metres
The plot currently includes two existing residential units, which may be renovated, upgraded, or considered as part of a future redevelopment project.
The planning characteristics of the property make it suitable for investors, developers, or private buyers seeking a centrally located plot with redevelopment potential, including the possibility of a land-exchange development (antiparochi), subject to the necessary approvals.
Plot Size: 336 sq.m.
Location: Central Geri, Nicosia.
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.
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