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Pay in USD and save up to $3,450Description: Agricultural Zones/Revitalized Areas (Αγροτικες Ζωνες/Περιαστικες Περιοχες)
Coverage: 0.1
Density: 0.1
Height: 7 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Residential: 1.43 Km
Commercial: 1.74 Km
Tourist: 26.09 Km
Industrial: 3.77 Km
Farm: 3.16 Km
Agricultural field in Geri municipality of Nicosia District. It is situated at a distance approximately 1.7 km northeast of the municipality center. Agricultural field in Geri municipality of Nicosia District. It is situated at a distance approximately 1.7 km northeast of the municipality center. It has an irregular shape with an smooth surface and it is landlocked. The property is located approximately 130 meters east of the nearest registered road and is located approximately 860 meters northeast of the nearest residential area of the municipality. It also abuts government land on its western boundary. The property falls within the Agricultural Zone Γα4, having a building density of 10%. The property is subject to requisition by the National Guard for 17 sq.m. On May 20, 2024, a Requisition Order was issued by the Ministry of Defense, valid for three (3) years. 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 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).
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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