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Field in Parekklisia, Limassol

Ref No: 5382

€ 470,000

Description

The asset consists of shares of two adjacent fields in the hills of Pareklissia with spectacular panoramic sea views of the Mediterranean sea. Limassol beachfront. The fields are only a two-minute drive away from the beach and the famous St. Raphael marina. It also offers easy access to the highway and close proximity to all amenities.
The fields are offer an excellent investment opportunity for development of apartments or luxury villas. The field with reg. no. 0/13733 has an area of 4.683sqm and the field with reg.no. 0/13734 has an area of 12.041sqm.

Main Features

VAT
Yes
Occupied
No
Status
For sale

Other Features

Land Registry

District
Limassol
Community
Parekklisia
Reg. No.
0/13733, 0/13734
Sheet/Plan
54/38
Parcel
650, 651
Zone
Κα11

Areas

Land area
16,724 m2

Town Planning

Town planning zone
Residential
Building density
20 %
Coverage ratio
15 %
Max floors
2
Max height
10 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). We recommend that you seek independent advice regarding any applicable property transfer fees.

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