High-Yield Development Opportunity: 120% Density Plot on Geri Main Road
Capitalize on a prime investment opportunity in the heart of Geri. This 618m² building plot is a rare find for developers and strategic investors, located directly on a bustling main road. With its exceptional 120% building density, this site is perfectly primed for a High-Yield Development, offering the massive ROI potential that comes with high-density residential or mixed-use apartment complexes.
The property falls within the Πα9 Planning Zone, providing a powerful 70% coverage ratio. While currently home to a charming structure dating back to 1935, the true value lies in the Strategic Acquisition of the land itself. The high density allows for a significant buildable area, making it an ideal candidate for a multi-unit project in an area where demand for modern housing continues to soar.
Being situated on a central artery in Geri, these plots of land for sale in Nicosia benefit from maximum visibility and immediate access to all essential amenities. This is a standout choice for any Cyprus real estate investment portfolio looking to maximize urban footprint and development yield.
Proximity & Strategic Landmarks
Education: 1.8 km (4-minute drive) from the University of Cyprus (UCY).
Shopping & Retail: 3.9 km (7-minute drive) from The Mall of Cyprus and IKEA.
Daily Conveniences: Within walking distance (approx. 400m) of local pharmacies, bakeries, and the Geri Town Square.
Healthcare: 4.2 km (8-minute drive) from Nicosia General Hospital.
Nature: 2.9 km (5-minute drive) from Athalassa National Forest Park.
Key Property Features
Location: Main Road, Geri, Nicosia
Plot Size: 618m²
Planning Zone: Πα9
Building Density: 120% (Optimized for High-Yield Development)
Coverage Ratio: 70%
Permitted Height: 7 meters
Existing Structure: Original house built in 1935 (Development potential via replacement)
Position: Prime Main Road frontage for maximum accessibility
