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The property consists of two adjacent fields located in Kalavasos, Larnaca. It is located c. 1,6km southeast of Kalavasos village, c. 800m northwest from the Larnaca - Limassol Motorway and c. 750m from the Kalavasos Tenta. As a unified property, the area of the fields totals 15.342sqm with road frontage of 418m. Land division works have progressed significantly in parcels for the division of the asset into 20 plots based on a planning permit (additional permits are in place). Additional land parcels in this area available for sale from REMU. The property has the potential to be served by all the utility services (water, electricity and telecommunications). The wider area consists of large areas of unutilised parcels as well as some scattered developments. In the immediate area there are everyday services such as cafes, restaurants etc. The property is zoned as H3 (residential) with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m. THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/19713, 0/19714 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
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