New For Sale €160,000 Land (Residential) Geri Nicosia

Information from owner
Plot under division, area 550 sqrm, frontage 10 m, just 250 m from highway, in the area of Geri within Nicosia district. It is within close proximity to: Nicosia General Hospital and Geri Ministry. The land characteristics are: within planning zone Ka 8, has a build coefficient of 65.000% with covered coefficient of 35.00%, maximum building permissible height 10.00 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, telephone, water connection. Τhe land area is 550 square meters. After getting relevant permits from the local authorities, you can build a building of total area 358 sqrm. The value of this investment comes to € 448 per square meter of covered area. Zone: Mainly residential area 5 minutes from: nursery, primary school, secondary school, university, supermarket, childrens play area, Church. View of: town. The type of road leading to the property is tarmac secondary road. There is road frontage of 10 meters. The property has no VAT tax. This Plot is now Under Division, hence the possibility to choose the right one. Good investment and ideal for development by contractor or developer, as it has a large road frontage of 10 meters. Has distance from main higway 250 m.

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