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The asset is a field in Geri, Nicosia.
The property is located c. 2km northwest of Laiki Lefkothea development, 630m southwest of Geri Town Hall and 2,9km southeast of Athalassa National Park.
The asset has an area of 7,160sqm and has a rather square shape and smooth flat surface.
The asset benefits from c. 80m road frontage along Epistrofis Street on its western border and c. 52m along Foti Pitta Street on its southern border.
The immediate area of the asset comprises of residential developments along with many undeveloped parcels of land.
The asset has the potential to be covered from all the utility services i.e electricity, water and telecommunication.
The property falls into residential planning zones:
-5,012sqm fall into Kα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10/8,3m.
-2,148sqm fall into Kα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
The asset is a field in Geri, Nicosia.
The property is located c. 2km northwest of Laiki Lefkothea development, 630m southwest of Geri Town Hall and 2,9km southeast of Athalassa National Park.
The asset has an area of 7,160sqm and has a rather square shape and smooth flat surface.
The asset benefits from c. 80m road frontage along Epistrofis Street on its western border and c. 52m along Foti Pitta Street on its southern border.
The immediate area of the asset comprises of residential developments along with many undeveloped parcels of land.
The asset has the potential to be covered from all the utility services i.e electricity, water and telecommunication.
The property falls into residential planning zones:
-5,012sqm fall into Kα6 with 90% building density, 50% coverage, 2 floors and a maximum height of 10/8,3m.
-2,148sqm fall into Kα5 with 100% building density, 50% coverage, 3 floors and a maximum height of 13,5m.
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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