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Fields in Ypsonas, Limassol

Ref No: 7021

€ 485,000

Description

The property consists of a prime location commercial field and an additional 50% share of a residential field in Ypsonas. They are located 600m from the junction of Elia Kannaourou – Arch. Makariou streets. The commercial field has an area of 1,673sqm and benefits from 40m road frontage along its southern border on Agios Georgios avenue. The 50% share of the residential field abuts the northern border of the commercial field. It has a total area of 827sqm (corresponding area 413,5sqm). In total, the asset has an area of 2,086.5sqm. The wider area is commercial with all amenities nearby, providing excellent access to Limassol city center. The fields are occupied.

Main Features

VAT
Yes
Occupancy Status
Occupied
Status
For sale

Other Features

Land Registry

District
Limassol
Community
Ypsonas Municipality
Reg. No.
0/12516, 0/14080
Sheet/Plan
53/63
Parcel
133, 131
Zone
Κα6, ΕΒ6

Areas

Land area
2,500 m2

Town Planning

Town planning zone
Residential
Building density
90 %
Coverage ratio
50 %
Max floors
3
Max height
13.50 m

Town Planning Secondary

Town planning zone
Commercial
Building density
100 %
Coverage ratio
50 %
Max floors
3
Max height
13.50 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). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

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