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Field in Geri, Nicosia

Ref No: 7540

€ 120,000

Description

The asset is a field in Geri. It is located 250m from Agios Minas church and 450m from 1st Geri elementary school.

The field has an area of 1,904sqm and it is adjacent to a state land parcel on its southeast border. It benefits from a temporary acquisition of a state land strip, allowing for constructing the main road adjacent to the asset.

The asset enjoys a panoramic view of Geri whilst the surrounding area is popular with residential developments with all amenities being found nearby.

Main Features

VAT
Yes
Occupied
No
Status
For sale

Other Features

Land Registry

District
Nicosia
Community
Geri Municipality
Reg. No.
9/841
Sheet/Plan
30 / 24E1
Parcel
900
Zone
Κα5

Areas

Land area
1,904 m2

Town Planning

Town planning zone
Residential
Building density
100 %
Coverage ratio
50 %
Max floors
3
Max height
13.50 m

Legal disclaimer

The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

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