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This residential zoned field is located in the Agia Fylaxis area in Limassol Municipality.
The asset is located circa 1.5km north from the Nicosia – Limassol Highway, 1.6km northeast from the Tsireio football stadium and 350m from a school.
It has a rather irregular shape and inherits a sloping surface, offers distant sea views and even though it is considered landlocked (at 110m from the nearest asphalted registered public road) , it is accessible from an unregistered dirt road.
The property totals 19.064 sqm of which BoC owns a 35% share. There is a distribution agreement which distinguishes the part of the asset that is considered to be owned by the Bank.
The property has the potential to be served by all the utility services i.e. water, electricity and telecommunication.
The immediate area consists of land division works and the development of mid to high specification residential developments.
Assets in the wider area benefit from easy access to the Limassol-Nicosia Motorway and the Limassol city centre.
The asset falls within the Residential Planning Zone Kα9 with a building density coefficient of 40% and a coverage coefficient of 25%, over 2 floors and 10m maximum height.
Ownership held:(35%)
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
This residential zoned field is located in the Agia Fylaxis area in Limassol Municipality.
The asset is located circa 1.5km north from the Nicosia – Limassol Highway, 1.6km northeast from the Tsireio football stadium and 350m from a school.
It has a rather irregular shape and inherits a sloping surface, offers distant sea views and even though it is considered landlocked (at 110m from the nearest asphalted registered public road) , it is accessible from an unregistered dirt road.
The property totals 19.064 sqm of which BoC owns a 35% share. There is a distribution agreement which distinguishes the part of the asset that is considered to be owned by the Bank.
The property has the potential to be served by all the utility services i.e. water, electricity and telecommunication.
The immediate area consists of land division works and the development of mid to high specification residential developments.
Assets in the wider area benefit from easy access to the Limassol-Nicosia Motorway and the Limassol city centre.
The asset falls within the Residential Planning Zone Kα9 with a building density coefficient of 40% and a coverage coefficient of 25%, over 2 floors and 10m maximum height.
Ownership held:(35%)
THE PRICE IS SUBJECT TO VAT.
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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