For Sale
€145,000
Discover a sophisticated investment opportunity in the highly sought-after “Pen Hill” sector of Geri, Nicosia. Strategically positioned for Small Development and High-Value Living, this under-division residential plot offers an ideal balance of architectural flexibility and yield potential. With a robust Building Density of 80%, this site is a prime choice for developers looking to maximize floor area or for families seeking to build a grand, two-story custom home in one of the region’s most exclusive residential enclaves.
The 45% coverage factor within the Κα7 Town Planning Zone ensures that any future project maintains an airy, high-end feel, providing ample footprint for premium outdoor features such as private swimming pools, expansive verandas, and landscaped gardens. As plots of land for sale in Geri continue to appreciate—particularly in prestigious neighborhoods like Pen Hill—this property represents a secure and strategic acquisition in the Cyprus real estate investment market.
Located directly opposite the scenic Pen Hill area, this plot offers a lifestyle where serene nature meets city convenience. Its proximity to authoritative landmarks like the Athalassa National Forest Park, the University of Cyprus, and The Mall of Cyprus ensures that your investment is anchored by the capital’s most vital infrastructure and natural beauty. G&P Lazarou trusted properties brings over 32 years of market-leading expertise to this project, ensuring that all under-division requirements are met to the highest professional standards.
Strategic Proximity & Landmarks
Nature: ~1.8 km (approx. 4-minute drive) from the lush Athalassa National Forest Park.
Education: ~4.5 km (approx. 8-minute drive) from the University of Cyprus (UCY).
Shopping & Retail: ~3.2 km (approx. 6-minute drive) from The Mall of Cyprus and IKEA.
Healthcare: ~3.5 km (approx. 7-minute drive) from Nicosia General Hospital.
Connectivity: Seamless access to the main Latsia–Geri roads and the Nicosia-Limassol motorway.
Key Property Features
Location: Geri, Nicosia (Opposite Pen Hill)
Status: Under-Division (Ensuring modern infrastructure and registered road access)
Town Planning Zone: Κα7 (Residential)
Building Density: 80% (Optimized for versatility and high-value yield)
Coverage Factor: 45%
Permitted Height: 2 Floors (10 meters maximum)
Surroundings: Characterized by luxury detached villas and quiet residential life.
Note: The price is subject to V.A.T.
G&P Lazarou trusted properties has been a pillar of the Cypriot real estate market for over 32 years, providing professional expertise and a dedicated legacy of trust for every client.
Would you like to review the specific division masterplan for this plot or discuss the potential for a boutique residential project in this prestigious area? Contact G&P Lazarou today for a private consultation.