Description
This asset is a 1/4 share of a field in Paralimni, Famagusta.
The asset is located c. 110m east of 1st April Avenue, c. 110m north of Paralimni – Protaras road and c. 540m southwest of Tassos Markou Stadium.
The asset has an area of c. 983sqm (1/4 share of 3,932sqm) and is landlocked (c. 110m east of the nearest registered road). There is no distribution agreement in place.
The immediate area comprises of commercial developments and undeveloped parcels of land.
The field falls within within mixed-use planning zone KΓΥ4 with 120% building density, 35% coverage density, 4 floors and a maximum height of 17m.
Reg. No.: 0/6527 (1/4 share)
Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 22/08/2025.
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 |
Famagusta |
Area/Village |
Paralimni |
Vat |
Plus Vat |
Title deed |
Yes |
Coverage ratio |
35% |
Max floors |
4 |
Max height |
17,00 m |
New code |
2-289-377 |
Plot |
45 |
Block |
12 |