Reserve price

Residential plot located in Geri, Nicosia

#45356
Geri, Nicosia
€230.000+VAT€325.00030%
  • Land size 1.139 m²

Property description

"Properties listed with a Reserve Price indicate that the Seller reserves its right to not accept offers below the specified price. All offers must exceed the Reserve Price. While lower offers may be submitted, they are unlikely to be considered by the Seller."

Residential plot located in Geri, Nicosia extending to about 1.139 sq.m. in total.
The property has a rectangular shape and a flat surface.
Access to the plot is via a registered road with a total frontage of approximately 26m.

The asset is located approximately 3.5km from A1 motorway and approximately 2.6km from Geri community centre.

The property falls within a duel Zone Κα8 (55%), with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (10m) of construction and Zone Εβ6(45%) , with a building coefficient of 100%, coverage of 50%, and permission for 3 floors (13.5m) of construction.

There is a separate title deed for this property.

Extra information

General

  • Occupancy status Vacant

Plot

  • Land size 1.139 m²
  • Slope Flat
  • Registration number 0/2825
  • Sheet/Plan 30/23Ε1
  • Address Mazeron street N/A, 2202

Planning characteristics

Zone Cover factor Build factor Max floors Max height Affected %
Kα8 35% 60% 2 10 m 55%
Εβ6 50% 1% 3 13.5 m 45%

Documents

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Disclaimer: The property is owned by Eurobank. The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area. Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

Disclaimer: The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).