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This asset is a 50% share of a field in Agia Fylaxis area, Limassol. The asset is located c. 1,4km northeast of the center agia fylaxis and c. 550m northwest of the Agia Phylaxis lyceum. The field has a total area of 22,091sqm (BoC owns 11,045sqm), has a regular shape and part of it has a flat even surface whereas part of it has a sloping surface. The plot benefits from a road frontage of c. 60m along 1st April Avenue on its west border and offers distant sea view. The property has the potential to be covered by all utility services (water, telecommunication and electricity). The immediate area comprises of residential developments as well as undeveloped parcels of land. The asset falls within residential planning zone Κα7, with building density coefficient of 80%, coverage coefficient 45%, in 3 floors and a height of 13,5m. THE PROPERTY IS SUBJECT TO VAT Reg. No. : 0/72896 All urban planning 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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