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Residential Land in Geri, Nicosia


Geri, Nicosia

REF: L-122304
€135,000 Plus VAT
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Available
Property for Sale in Nicosia, Geri, Cyprus

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Plot/land (sq.m.)
1505m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Residential
  • Location: Nicosia, Geri, Cyprus
  • Price: €135,000 Plus VAT
  • VAT: Plus
  • Loan Installment: €662

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €135,000
Own Contribution (30%): €40,500
Loan Amount (70%): €94,500
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 1505sqm
  • Reference: L-122304

Property Description

For Sale Residential Land, in Geri, Nicosia

Location

• This residential land for sale in a quiet area in Geri, near the University of Cyprus and the General Hospital.

Land Characteristics

• Land of 1505 sq. m.

• Residential zone.

• It is situated in a flat and open area.

• It falls within the residential zone Ka7.

• Building density of 80%.

• Coverage of 45%.

• Allowance for 2 floors with 10 meters height.

Advantages – Special Features

Nice location with easy access to the Nicosia city center and the highway.

With all amenities such Schools, many shops, restaurants, supermarkets and parks nearby, it is an excellent choice for a land developer and individuals as well.

• Ideal for house construction.

George Themistokleous logo

George Themistokleous

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Additional Details

Zone (ie. H2)
Ka7
Zone type
Residential
Building density (%)
80%
Coverage ratio (%)
45%
Floor allowance
2
Title deed or under separation
Title deed

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