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The property consists two residential/touristic fields with a total area of 51,598sqm located in Pervolia village. It is located approximately 17 km south-west of Larnaca, 5 km south-west from Larnaca International Airport and a kilometre west of the Pervolia Light House. Being located 1km southwest from the village core, the property has great accessibility via the coastal avenue Archbishop Makariou III and is only 110 metres away from the beach. The asset with reg. no. 0/4096 has a rather rectangular shape with a flat and even surface and an average width of about 20 metres. The northern boundary abuts Avenue Archbishop Makariou III with a road frontage of approximately 100 metres. The asset with reg. no. 0/5148 has a rather rectangular shape with a flat surface. The northern boundary abuts Avenue Archbishop Makariou III with a road frontage of approximately 550 metres. The immediate area comprises of residential and touristic developments mainly in the form of organised complexes of houses, apartments and maisonettes. The properties falls within the following two planning zones: -Residential Planning Zone H3 with building density coefficient of 60% and a coverage coefficient of 35% over 2 floors, and with 8,30 metres max height. -Tourist Planning Zone T2α with the following density and coverage coefficients: a) Hotels: 45% density coefficient, 20% coverage, 3 floors and 13,10 m height b) Tourist Villages 40 % density coefficient, 20% coverage, 2 floors and 8,30 m height and c) Residential 20 % density coefficient, 20% coverage, 2 floors and 8,30 m height. Owner of 0/5148 : Irisa Properties Ltd THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/4096 (8,911sqm), 0/5148 (42,687sqm) All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.
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