8 Eight Adjacent Fields in Geri

The assets are adjoining, as one unit the total land area is 12.661 sq. metres and the property may be developed as a unit. There are some small vacant outbuildings constructed on the properties, however they are considered economically obsolete. The fields are situated approximately 2.5 kilometres north from the Geri municipality centre (village centre), and approximately 1.7 kilometres west of the Nicosia General Hospital roundabout which leads to Latsia, Strovolos and the Nicosia – Limassol motorway. All eight parcels have a level topography and the fields with reference number 783, 776, 777, 778,779  abut onto Nikandrou Papamina Avenue, the main road connecting Geri and Latsia and leading to the Nicosia General Hospital roundabout. Assets with reference number 780, 781, 782 are landlocked. The biggest part of the property (10,060 sq.metres) falls into residential zone Κα7, with maximum building density of 80%, part of the property (928 sq. metres) falls into residential zone Δα2, with maximum building density of 1% and the rest if the property (1,673 sq. metres) falls into ΑΖ zone, in which no development is allowed.