Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Field (Share) - Geri, Nicosia

Nicosia - Ref. PR34680Map

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Field (Share) - Geri, Nicosia

Ref. PR34680

Subject to VAT


Indicative Price

  • 9,690 m2 (whole share)
  • Share for sale:

Available for sale is the 710/969 share of a field, which corresponds to an area of approximately 7,100 sq.m, in Geri Municipality, in Nicosia District. It is located at a distance of 40 meters (approx.) south of the Geriou Avenue and  480 meters (approx.) southeast from the Elias Poullos football stadium.

It is situated in a quiet and beautiful area that is characterized by scattered residential developments and is very close to amenities such as schools, supermarkets and related services.

The field has an irregular shape, even land surface and abuts onto a public registered road along its southern boundary with total frontage of approximately 170 meters. The property is affected by road widening.

The share for sale corresponds to the vacant part of the field (Part Α). It is important to mention that there is a distribution agreement.

It is an ideal choice for residential development with houses or for  plot division.

It falls within the Residential Zone Κα6 (42%) having building density coefficient 90%, within the Residential Zone Κα7 (35%) having building density coefficient 80% and within the commercial town planning zone Εβ5 (23%) having building density coefficient 120%.

The property has acquired a division permit for the construction of 9 plots valid until 2025. The share corresponds to the 7 plots.


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The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Real Estate is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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District: Nicosia

Municipality: Geri


  • Use: Residential
  • Land area: 9,690 m2 (whole share)

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR34680 10/1200 30/24E1 10 1322
  • Planning zone: Εβ5 23
  • Building Coefficient: 120%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 13,50
  • Planning zone: Κα6 42
  • Building Coefficient: 90%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10
  • Planning zone: Κα7 35
  • Building Coefficient: 80%
  • Coverage Coefficient: 45%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 10

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.


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