Description

This asset is a 1/2 share of a four fields in Palodeia, Limassol.

The asset is located c. 900 meters east of the Palodia – Limassol road and c. 5km northeast of Agia Fyla roundabout.

The asset has an area of c. 5,246 (1/2 share of 10,492sqm). The fields have irregular shapes with slopping surfaces and benefit from road frontage along a registered road. No distribution agreement in place.

The immediate area comprises of residential developments, as well as undeveloped parcels of land.

The asset falls within two planning zones:

-9,057sqm fall within residential planning zone H6 with 20% building density, 20% coverage, 2 floors and a maximum height of 8,3m.

-1,435sqm fall within protection planning zone Z1 with 6% building density, 6% coverage, 2 floors and a maximum height of 8,3m.

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/9434 (1/2 share of 4,666sqm), 0/9435 (1/2 share of 36sqm), 0/9436 (1/2 share of 271sqm), 0/7369 (1/2 share of 5,519sqm)

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