Description

This asset comprises of three adjoining fields in Softades, Larnaca.

The asset is located c. 120m south Pervolia – Mazotos road, c. 3,7km southwest of Perivolia village and adjacent to the seafront.

The asset has a total area of 87,264sqm. It benefits from a road frontage along its northeast and northwest borders as well as footpath frontage along its south border.

The immediate area comprises of undeveloped plots of land as well as some residential developments.

The asset falls within two planning zones:

-83,897sqm fall within touristic planning zone Τ2α with the following parameters:

- For hotels: 45% building density, 20% coverage, 3 floors and a maximum height of 13.1m

- For touristic village: 40% building density, 20% coverage, 2 floors and a maximum height of 8,3m

- For houses: 20% building density, 20% coverage, 2 floors and a maximum height of 8.3m

-3,367sqm fall within protection planning zone Z1 with a building density of 6% and a coverage of 6%, over 2 floors and 8.3m maximum height.

Owner: Eurolife Properties Ltd

THE PRICE IS SUBJECT TO VAT.

Reg. No.: 0/1939 (10,703sqm), 0/1888 (9,031sqm), 0/2306 (67,530sqm)

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