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The property comprises of three adjacent parcels of land with total area of 15.289 sqm located in Parekklisia, Limassol. It is adjacent to Limassol - Pyrgos main road on its north-eastern boundary at a distance of 1.2 km north of the Limassol – Nicosia motorway and 1.7 km north of Saint Raphael Marina.
The property, as a unified asset, has a rather irregular shape and an even and slightly slopped surface. Being sited on a high hill area it offers sea view.
The property is covered by planning and building permits for the division of the land into 10 plots. The works for the division of the land into plots have been initiated and progressed to significant levels, but have not been completed.
The immediate area of the property is mainly classified as agricultural, where as in the wider area residential units can also be observed. The area can be defined as a prime location due to the great vicinity to the town centre and other points of reference of Limassol city, such as the St Raphael Marina and Grand Resort Hotel.
The asset enjoys good accessibility to Limassol city and the surrounding areas due to its close proximity to the Limassol – Nicosia motorway.
The asset falls within the Residential Planning Zone H6, with building density coefficient of 20%, coverage coefficient 20%, in 2 floors and 8.30 metres height.
The property is adjacent to the property with Property ID 5371 which is also available for sale and can be sold together.
Owner: Lasteno Properties Ltd
, 0/17987, 0/11165
All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.
The property comprises of three adjacent parcels of land with total area of 15.289 sqm located in Parekklisia, Limassol. It is adjacent to Limassol - Pyrgos main road on its north-eastern boundary at a distance of 1.2 km north of the Limassol – Nicosia motorway and 1.7 km north of Saint Raphael Marina.
The property, as a unified asset, has a rather irregular shape and an even and slightly slopped surface. Being sited on a high hill area it offers sea view.
The property is covered by planning and building permits for the division of the land into 10 plots. The works for the division of the land into plots have been initiated and progressed to significant levels, but have not been completed.
The immediate area of the property is mainly classified as agricultural, where as in the wider area residential units can also be observed. The area can be defined as a prime location due to the great vicinity to the town centre and other points of reference of Limassol city, such as the St Raphael Marina and Grand Resort Hotel.
The asset enjoys good accessibility to Limassol city and the surrounding areas due to its close proximity to the Limassol – Nicosia motorway.
The asset falls within the Residential Planning Zone H6, with building density coefficient of 20%, coverage coefficient 20%, in 2 floors and 8.30 metres height.
The property is adjacent to the property with Property ID 5371 which is also available for sale and can be sold together.
Owner: Lasteno Properties Ltd
, 0/17987, 0/11165
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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