Incomplete Three Bedroom House in Geri, Nicosia

The property is an incomplete three bedroom house (No. 1E) located in Geri, Nicosia. It is build on a plot of 214 sqm, with 119 sqm internal covered area, 10 sqm covered verandas and 30 sqm uncovered verandas. 

The asset is adjacent to Archiepiskopou Kyprianou street, at a distance of 115m south of Geri-Latsia road, 2.5km east of Nicosia-Limassol Motorway and 3.3km southeast of GSP Stadium.

The house consists of an open plan kitchen/dining/living area, a laundry room, a guest w.c., a boiler room, a storage room, and a covered parking on the ground floor. The first floor comprises of three bedrooms and a family bathroom.   

The wider area of the property is mainly developed with residential and commercial units such as houses, apartments and shops.

The property enjoys good accessibility to the center and the wider area of Nicosia due to its close proximity to the Nicosia-Limassol Motorway.

Another six houses are available for sale on the same complex by REMU.

The asset falls within the Residential Planning Zone Κα8 with a building density coefficient of 60% and a coverage coefficient of 35% over 2 floors and 8.30 metres height.

THE ASSET IS SUBJECT TO VAT.

Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 12/01/2018.