For Sale

Incomplete seafront residential development in Zygi, Larnaca

Property: 7097

€3,500,000

Status: Available

Building Area: 3,881m²

Covered Verandas: 377m²

Uncovered Verandas: 559m²

Land Area: 11,248m²

Bedrooms: -

Bathrooms: -

No of Parking spaces: -

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Description

The asset is an incomplete seafront residential development which consists of 17 residential units (12 villas & 5 maisonettes). It is located only 50m from the beachfront enjoying beautiful sea views. Two villas (No 2 & 3, almost completed) and 1 maisonette (No 2) are sold. The construction process stopped around 9 years ago. The generic plan of each villa consists of an open plan dining room/kitchen, a living room and a toilet on the ground floor. The first floor consists of a number of bedrooms some of which are ensuite and a bathroom. The ground floor consists of a number of rooms, including a laundry room, and a storage room. The generic plan of the maisonettes consists of an open plan kitchen, an open plan dining/living room and a toilet on the ground floor. The first floor consists of a number of bedrooms, some of which are ensuite and a bathroom. The complex is served by a communal swimming pool. Some villas have their own private swimming pools.

Contact details of receiver company: PV IPPS Cyprus Ltd
121 Prodromou Street, Office 501 Hadjikyriakion Bldg, 2064 Strovolos, Nicosia
P.O. Box 25595, CY-1310 Nicosia, Cyprus
T: +357 22 444 234 | F: +357 22 444 235| E: info@ippscy.com

We, Gordian Holdings Limited, have been duly authorised by the seller to advertise the property for sale. For the avoidance of doubt, Gordian Holdings Limited is not a real estate agent and does not provide any real estate agent’s services nor does it operate as a legal or financial or other professional advisor. Further, no warranty is provided by Gordian Holdings Limited with regards to the acceptance by the seller of an offer for the purchase of the property, nor any obligation is imposed on Gordian Holdings Limited or the seller to respond to and/or consider and/or accept any offer for the purchase of the property. The sale of the property is subject to contract between the seller of the property.
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Features

Land Registry

District: Larnaca
Municipality / Community: Zygi
Reg.No: 0/1346
Sheet: 55/37
Parcel: 332
Zone: Τ2α, Τ4ε

Areas

Total Covered Area: 4,258m²
Covered Verandas: 377m²
Uncovered Verandas: 559m²
Land Area: 11,248m²

Further Features

Swimming Pool: Yes

Town Planning

Town Planning Zone: Tourist
Building Density: 45%
Coverage Ratio: 20%
Max Floors: 2
Max Height: 13.1m

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