550 SQM Plot for sale in Geri, Nicosia

Plot under division, area 550 sqrm, frontage 43 m, in the area of Geri within Nicosia district. It is within close proximity to: Pen Hill. The land characteristics are: within planning zone Ka 8, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, telephone, water connection, corner - access from two roads. Τhe land area is 550 square meters. After getting relevant permits from the local authorities, you can build a building of total area 330 sqrm. The value of this investment comes to € 370 per square meter of covered area. Zone: Mainly residential area 5 minutes from: nursery, primary school, secondary school, supermarket, childrens play area, Church. The type of road leading to the property is tarmac secondary road. There is road frontage of 43 meters. The property has VAT. This Plot is now Under Division, hence the possibility to choose the right one. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 43 meters.