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12841 SQM Land for sale in Geri, Nicosia

Geri, Nicosia, Cyprus
12841 SQM Land for sale in Geri, Nicosia 509 Geri
Offers in the region of
1200000 €1,200,000  ($1,278,588)
12841 SQM Land
Geri, Nicosia
Offers in the region of

€1,200,000  ($1,278,588)

Bank Owned Property

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Average Bank Rate (€1,200,000)
1 USD = 0.9068 EUR
$1,323,339

Mid-market rate (€1,200,000)
1 USD = 0.9385 EUR
$1,278,588

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.

Key features

  • Listing ID: 829565 (29450)
  • Plot: 12841 sqm
  • Zone

Description

This asset consists of four fields in Geri, Nicosia. The fields are located c. 570 m northwest of Ilias Poulos sports centre and c. 1.5km northwest of Geri town hall. The assets have a total area of 12,841sqm (reg. no. 2/773 3,577sqm, reg. no. 2/195 4,850sqm, reg. no. 2/194 2,351sqm & reg. no. 2/193 2,063 sqm). A non-registered road abuts fields with reg. no. 2/773 & 2/195 whereas fields with reg. no. 2/194 & 2/193 are considered landlocked. The wider area is comprises of residential developments, detached and semi-detached houses. The asset with reg. no. 2/773 falls within triple planning zone: - 61% within residential planning zone Κα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m, -14% within planning zone Δα2 with 1% building density, 1% coverage, 1 floor and a maximum height of 5,5m, -25% within planning zone AZ with 1% building density and 1% coverage. The asset with reg. no. 2/195 falls within double planning zone: - 98% within residential planning zone Κα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m, -2% within planning zone Δα2 with 1% building density, 1% coverage, 1 floor and a maximum height of 5,5m. Assets with reg. no. 2/194 & 2/193 fall within residential planning zone Κα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m. The assets have the potential to be covered from all utility services (electricity, water and telecommunications). THE PRICE IS SUBJECT TO VAT Reg. No.: 2/773, 2/195, 2/194, 2/193 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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