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Description: Protection Zone (Ζωνη Προστασιας)
Coverage: 0.06
Density: 0.06
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Area 9) (Δηλωση Πολιτικης (Χωρ. Περιοχη 9))
Residential: 0.83 Km
Commercial: 9.91 Km
Tourist: 3.42 Km
Industrial: 1.56 Km
Farm: 4.41 Km
This asset is a 2/5 share of a field in Psematismenos, Larnaca. The asset is located c. 450m east of Limassol - Larnaca motorway, 600m west of Psematismeno’s center and 2,2km southeast of Tochni village. The asset has an area of c. 26,890sqm (2/5 share of 67,225sqm). The field has an irregular shape and a smooth flat surface. It benefits from c. 370m of road frontage along a registered road on its southeast border and 120m along Seferi Street on its east border. No distribution agreement is in place. The asset has the potential to be covered by all utility services (water, electricity and telecommunication). The immediate area comprises of residential developments and some undeveloped parcels of land. THE PRICE IS SUBJECT TO VAT. The field falls within two planning zones: -62,519sqm fall into agricultural planning zone Γ3 with 10% building density, 10% coverage, 2 floors and a maximum height of 8,3m. -4,706sqm fall into residential planning zone Η3 with 60% building density, 35% coverage, 2 floors and a maximum height of 8,3m. Reg. No.: 0/11813 (2/5 share) 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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