The property consists of 6 adjoining land parcels located in Ormideia, Larnaca.
The asset is located c. 80m west of the Ormideia – Avgorou road, c. 100m north of Dimokratias Avenue and c. 230m northwest of Saint George Alamanou church.
The property totals 18,827sqm (Reg. No. 0/3336 is a shared ownership: 33/50) and is accessible from a road network which abuts the parcel with Reg. No. 0/3336. The asset is covered by all utility services (water, electricity and telecommunications).
The wider area is characterized from two-storey detached houses and commercial use buildings.
The asset falls within residential planning zone H2 with a building density coefficient of 90% and a coverage coefficient of 50%, over 2 floors and 8.3m maximum height.
Owner: Mostero Properties Ltd
Reg. No.: 0/3336 (33/50 of 10,703sqm), 0/537 (1,876sqm) , 0/538 (4,412sqm), 0/539 (3,610sqm), 0/540 (797sqm), 0/565 (1,068sqm)
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
| District |
Larnaca |
| Area/Village |
Ormideia |
| Type |
Field |
| Vat |
Vat not Applicable |
| Title deed |
Yes |
| Coverage ratio |
50% |
| Max floors |
2 |
| Max height |
8,30 m |
| New code |
2-271-374, 2-271-373 |
| Plot |
498, 499, 502, 503, 505, 430 |
| Block |
05, 05 |