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Residential land 8195 m²

Limassol, Alassa
Posted: 03.12.2024 14:43 Ad ID: 5537884
Residential land 8195 m²-1 Residential land 8195 m²-2 Residential land 8195 m²-3
  • Reference number: CY0021124000129
  • Density: 40 , 1
  • Coverage: 35 , 1
  • Land type: Field
  • Plot area: 8195 m²
  • Plot Type: Residential
  • Planning zone: H4 & Z3
  • Square meter price: €12 /m²
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Property Summary

-Final Price Reduction - reduced by 4% from €105.000

-Shared of a residential and agricultural field situated in Alassa, Limassol.

-The share for sale extends to approximately 8,195 sq. m. out of 16,389 sq.m. (50% share).

-Potential for residential development (subject to obtaining all necessary consents).

-The sale of the property, which comprises of a 50% share of a field/plot, 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”.

-Vacant possession.

Zoning

As per information provided:

-76% of the field falls within the residential planning zone H4, which allows for 40% building coefficient, 35% building coverage, 2 floors and up to 8,3 m. height.

-24% of the field falls within the residential planning zone Z3-ΠΤ which allows for 1% building coefficient, 1% building coverage, 1 floor and up to 5 m. height.

Real Estate Agency Licence 625/E and Reg 1251

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Posting since jul, 2019

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