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This asset is a 1/2 share of a field in Geri, Nicosia.
The asset is located c. 95m north of Dimitri Stavrou Street and 2,7km southwest of Geri’s centre.
The asset has an area of c. 5,220sqm (1/2 share of 10,440sqm) and is landlocked (c. 220m east of the nearest registered road). On-site the asset can be accessed via an unregistered dirt road. No distribution agreement is in place.
The wider area comprises agricultural land, residential developments as well as some industrial developments.
The asset falls within four planning zones:
-5,012sqm fall within residential planning zone Κα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m.
-2,088sqm fall within residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 10m.
-1,148sqm fall within residential planning zone Δα2 with 1% building density, 1% coverage, 1 floor and a maximum height of 5,5m.
-2,192sqm fall within residential planning zone ΑΖ with 0% building density and 0% coverage.
THE PRICE IS SUBJECT TO VAT.
(1/2 share)
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This asset is a 1/2 share of a field in Geri, Nicosia.
The asset is located c. 95m north of Dimitri Stavrou Street and 2,7km southwest of Geri’s centre.
The asset has an area of c. 5,220sqm (1/2 share of 10,440sqm) and is landlocked (c. 220m east of the nearest registered road). On-site the asset can be accessed via an unregistered dirt road. No distribution agreement is in place.
The wider area comprises agricultural land, residential developments as well as some industrial developments.
The asset falls within four planning zones:
-5,012sqm fall within residential planning zone Κα8 with 60% building density, 35% coverage, 2 floors and a maximum height of 10m.
-2,088sqm fall within residential planning zone Κα9 with 40% building density, 25% coverage, 2 floors and a maximum height of 10m.
-1,148sqm fall within residential planning zone Δα2 with 1% building density, 1% coverage, 1 floor and a maximum height of 5,5m.
-2,192sqm fall within residential planning zone ΑΖ with 0% building density and 0% coverage.
THE PRICE IS SUBJECT TO VAT.
(1/2 share)
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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