For Sale | Corner Residential Plot of 530 m² Under Subdivision in Geri, Nicosia
A corner residential plot with a total area of 530 m² is available for sale in Geri, Nicosia District. The property presents an attractive opportunity for individuals, families and investors seeking residential land with development potential in a developing residential area.
The plot falls within Residential Planning Zone Κα8, featuring a building density coefficient of 60% and a coverage ratio of 35%, offering potential for residential development, subject to the necessary planning and building approvals.
Based on the stated planning coefficients, the property has a theoretical maximum buildable floor area of approximately 318 m² and a theoretical maximum ground coverage of approximately 185.50 m². These figures are indicative and remain subject to applicable planning regulations and approvals.
A key advantage of the property is its corner position, which may offer greater flexibility in the architectural design and layout of a future residential development. The corner configuration can provide opportunities for improved natural lighting, ventilation and alternative access arrangements, depending on the approved road layout and applicable planning requirements.
The plot is currently under subdivision, and prospective buyers should verify the relevant subdivision permits, completion requirements and arrangements for issuing a separate title deed before proceeding with a purchase.
The property's size, corner location and residential planning characteristics make it an interesting option for the construction of a private residence or another permitted residential development, subject to the applicable regulations.
Situated in Geri, the property benefits from its location within the wider Nicosia residential area, offering access to neighbouring communities, educational institutions, shops and everyday amenities.
Important points of interest in the wider area include Geri Village Centre | University of Cyprus | Athalassa National Forest Park | Latsia | Nicosia General Hospital.
Combining its 530 m² land area, 60% building density, 35% coverage ratio, corner position and location in Geri, this residential plot represents an appealing opportunity for buyers planning a future residence or long-term land investment.
To discover more residential plots and land for sale in Nicosia District, you can browse our complete portfolio directly from our website by clicking the following link:
https://gplazarou.com/properties/for_sale/nicosia?property_type%5Bland%5D%5Bplot%5D=plot
Contact G&P Lazarou Estate Agents today at +357 22024949 or email sales@gplazarou.com for further information or to arrange a viewing!
