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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.35
Density: 0.6
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Nicosia (Τοπικο Σχεδιο Λευκωσιας)
Commercial: 1.04 Km
Tourist: 27.53 Km
Industrial: 1.24 Km
Agricultural: 1.3 Km
Farm: 2.77 Km
The asset under study is a ¼ share of a residential field in Geri, Nicosia. It is located at a distance of 800 meters north-east of Laiki Sporting Club Area and 2.5km east of A1 motorway. The property has a rather irregular shape and an even surface with a total area of 8.037sq.m and the corresponding share is 2.009sq.m. The property falls within Zone Κα8, with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (10m) of construction.
The surrounding area is characterised by residential and commercial developments, with a lot of amenities in close proximity. The immediate area of the property consists of similar land parcels, most of them currently under the process of land division into plots.
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