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5,268 SQM Residential Plot
Geri, Nicosia

€160,000  ($184,602)

VAT Applicable not included in the price
Mayfair Properties

Mayfair Properties

Reg. No: 396 / License No: 492

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Compared currency flag Pay in USD and save up to $6,461

Average Bank Rate (€160,000)
1 USD = 0.8374 EUR
$191,063

Mid-market rate (€160,000)
1 USD = 0.8667 EUR
$184,602

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.

Planning Zone

Residential (ΚΑ7)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.45

Density: 0.8

Height: 10 meters

Allowed stories: 2

Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)


Nearby planning zones

Commercial: 0.92 Km

Tourist: 26.46 Km

Industrial: 0.56 Km

Agricultural: 1.19 Km

Farm: 1.64 Km

Key features

  • Listing ID: 8468758 (260419)
  • Plot: 5268 sqm

Description

A 33% share of a residential field, corresponding to approximately 1,756sq.m. of a total 5,268sq.m. situated in Geri municipality, Nicosia District. High-potential residential parcel situated in the rapidly developing outskirts of Geri, ideal for a contemporary housing complex or private estate. The property is located 1,3km southwest of the municipality center, approximately 600 meters southeast of Iona and Kolokasi Gymnasium school and it abuts on Ayia Lavra street. Regular shape with an even surface, offering maximum building efficiency and ease of construction. There is a distribution agreement in place and an active planning permit for the division into plots, expiring on 29/05/2026 (ΛΕΥ/0291/2014). The subject share concerns future plots No. 3 and No.4, which will have a total area of approximately 579sq.m. and 575sq.m respectively. The property falls within Residential Zone Κα7, with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10μ) of construction.

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