50% share of a residential field corresponds to 2,651 sq.m. out of 5,302 sq.m. in total and is located in Panthea Parish, Mesa Geitonia Municipality, Limassol. Access to the field is via a registered road with a total frontage of approximately 110m.
Property Highlights:
• Total Field Area: 5,302sq.m. (2,651sq.m. share)
• Surface: Level
• Access: Registered road.
• Road Frontage: 110 meters
Location:
• Approximately 5km from the A1 motorway
• Approximately 8km from the Limassol city centre
The property falls within Zone Κα10, with a building coefficient of 30%, coverage of 20%, and permission for 2 floors (10m) of construction.
There is a Distribution Agreement in place.
| Zone | Cover factor | Build factor | Max floors | Max height | Affected % |
|---|---|---|---|---|---|
| Kα10 | 20% | 30% | 2 | 10 m | 100% |
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Unlock documentsDisclaimer: The property is owned by Eurobank. The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area. Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.
Disclaimer: The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.
Disclaimer: 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).