#9349
For Sale, Residential Field in Geri (Pen Hill), Nicosia
#9349
For Sale, Residential Field in Geri (Pen Hill), Nicosia
1,730m²
80%
45%
Investment Opportunity
Located in Pen Hill- Dali, one of the most prestigious residential areas in Nicosia, this residential field extends to about 1.730 sq.m. in total, generously offering ample space to build your dream home, or even split into 2 or 3 plots for investment purposes.The property has a flat surface and access is via a registered road with a total frontage of approximately 46m. Its location of approximately just 50m north of the road leading to the general hospital roundabout and the mall of Cyprus, the surrounding forest land and its easy access to 3 entrances of Nicosia, makes this field an ideal investment opportunity.
The property falls within Zone Kα7 (Residential zone) , with a building coefficient of 80%, coverage of 45%, and permission for 2 floors (10.00/8.30m) of construction.
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Transfer fees are payable by the purchaser for registering the acquired property on his/her name. Property transfer fees are calculated on the basis of the property’s market value on the date of purchase. This requires that the sale of the contract has been deposited at the Department of Lands and Surveys. If the contract of sale has not been deposited at the Department of Lands and Surveys your property’s transfer fees will be calculated on the assessed value of the property on the date the transfer takes place.