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Ref: 1015

For Sale
Incomplete Residential Building in Geri, Nicosia

Building Type: Residential Building | Covered Area: -

€916,500

Description

This asset is the incomplete three-storey residential building in Geri, Nicosia. The property is c. 5km east of the Nicosia - Limassol motorway. The building comprises of 16 apartments. The first and second floors are identical and comprise of 2 two-bedroom apartments and 4 one-bedroom apartments on each floor, while the third floor comprises of 4 two-bedroom apartments. Each apartment has the right of use of one covered parking space and one storage room on the ground floor
The apartments consist of an open plan living/dining room and kitchen, one or two bedrooms (in which the one is en-suite) and a bathroom. The two apartments on the third floor, which are positioned at the front part of the building, have the right of use of a rooftop garden.The building is at the stage of plastering in the interior and painting on the exterior. The wider area of the property is a quiet area mainly developed with residential units, such as apartments and houses.

The asset falls within planning zone Kα5, with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 11.3m

The above price might be subject to VAT.

Property Features

City: Geri
Building Type: Residential Building
Construction Stage: Under Construction
Lot Size: 1,222m²

Location Map

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    Energy Efficiency Certificate 

    GRADE

    The Energy Performance Certificate (EPC) gives the building a standard energy and carbon emission efficiency grade from ‘A’ to ‘G’ where ‘A’ is the most efficient and ‘D’ being the average to date.