Residential Plot for sale, Nicosia, Geri, Pen Hill

Located in Pen Hill, 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 plots for investment purposes. There is already a planning permit in place for the division in 2 plots. 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.