Residential fields in Agia Fylaxis, Limassol

Ref No: 5431
€ 2,200,000

Description

The property consists of four adjacent residential fields in Agia Fylaxis. It is located a 5 minutes' drive to Agia Fylaxis center and a 10 minutes' drive to Polemidia National Park. The fields have an area of 40,470sqm. A planning permit has been summited for the division of land into plots (pending approval). The property offers easy access to Limassol City Centre and the main highway to Nicosia and Paphos. It is situated in a peaceful residential area while being close to all amenities.

There is a division plan in place for 39 plots which has been submitted for planning permit. Their land area varies from 521sqm to 890sqm.

The immediate area consists mainly of residential developments. The asset is ideal for the development of luxury villas and/or maisonettes.

Main Features

Land area
40,470 m2
Town planning zone
Residential
Building density
60 %
Coverage ratio
35 %
Reg. No.
0/25517, 0/25664, 0/19519, 0/19520
District
Limassol
Community
Limassol Municipality
Quarter
Agia Fylaxis
VAT
Yes