Description

Location • The property is situated within the administrative boundaries of Geri, under the Latsia–Geri Municipality, in Nicosia District. Near to Athalassas park. • It enjoys convenient accessibility, being approximately 1.7 km from the B1 motorway and just 3 km from Latsia town centre. • The location offers easy connectivity to Nicosia city and surrounding areas, making it suitable for residential development. Land Characteristics • The asset concerns a 50% share of a residential field, corresponding to approximately 3,950 sq.m., out of a total land area of 7,900 sq.m. • The field has a rectangular shape and benefits from level topography, factors that facilitate development planning and construction. Access is provided via a non-asphalted (dirt) road, with an impressive total frontage of approximately 95 meters. Town Planning Details: • Zone: Κα7 (Residential) • Building Density: 80% • Coverage Ratio: 45% • Maximum Height: 2 floors (10 metres) Advantages & Special Features • Large land share of approximately 3,950 sq.m. • Regular rectangular shape allowing efficient land utilization • Flat surface, reducing potential development costs • Generous road frontage of 95 m • Easy access to the motorway network • Suitable for residential development in a growing suburban area Note: There is currently no distribution agreement in place.