Description

The property consists of two adjoining fields and is located in the Agia Fylaxis area in Limassol Municipality.

It is located circa 2km from the Agia Fylaxis – Palodia road, 1.7km from the Heritage Private School and 1.6km from the Spyros Kyprianou Sports Centre.

The field with Reg. No 0/27655 has a rather rectangular shape whereas the asset with Reg. No 0/27656 has a rather triangular shape. The property abuts a registered footpath which is an extension of Andrea Paraskeva Street, thus in the case this footpath is registered as public road or if the asset becomes accessible from another road, it has the potential to be developed with residential developments.

The total area of the plots is 12.933 sqm of which BoC owns 1/15 or 862 sqm.

The wider area is characterised with residential developments (mid to high specification detached and semi-detached houses). Also assets in this area benefit from easy access to the Limassol – Nicosia Motorway as well as the city centre and other Metropolitan areas.

The asset falls within the Residential Planning Zone Κα8 with a building density coefficient of 60% and a coverage coefficient of 35%, over 2 floors and 10m maximum height. 

Ownership held: 1/15

THE PRICE IS SUBJECT TO VAT.

Reg. No. : 0/27655, 0/27656

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Additional Details

District Limassol
Area/Village Limassol
Type Field
Vat Plus Vat
Title deed Yes
Coverage ratio 35%
Max floors 2
Max height 10,00 m
Sheet 54, 54
Plan 33, 33
Plot 451, 452

Location

Tender Form

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