862 SQM Land for sale in Limassol Municipality, Limassol

The “New Summer Offers scheme” relate to promotional reduced prices on certain assets. Offerors will need to execute a relevant agreement within 15 working days with 25% down payment, with conclusion of the asset sale within 21 working days from signing date. The prices are firm and final and only offers at these fixed levels will be accepted. Asking Price: €57.000 - Promotion Price: €42.000 The property consists of two adjoining fields and is located in the Agia Fylaxis area in Limassol Municipality. It is located circa 2km from the Agia Fylaxis – Palodia road, 1.7km from the Heritage Private School and 1.6km from the Spyros Kyprianou Sports Centre. The field with Reg. No 0/27655 has a rather rectangular shape whereas the asset with Reg. No 0/27656 has a rather triangular shape. The property abuts a registered footpath which is an extension of Andrea Paraskeva Street, thus in the case this footpath is registered as public road or if the asset becomes accessible from another road, it has the potential to be developed with residential developments. The total area of the plots is 12.933 sqm of which BoC owns 1/15 or 862 sqm. The wider area is characterised with residential developments (mid to high specification detached and semi-detached houses). Also assets in this area benefit from easy access to the Limassol – Nicosia Motorway as well as the city centre and other Metropolitan areas. The asset falls within the Residential Planning Zone Κα8 with a building density coefficient of 60% and a coverage coefficient of 35%, over 2 floors and 10m maximum height.  Ownership held: 1/15 THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/27655, 0/27656 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.