For Sale €825,000 - Residential
This residential zoned field of 6,262 sqm is located in the Agia Fylaxis Area in Limassol Municipality. The asset is located circa 2.6km from the Agia Fylaxis Roundabout and 800m from the heart of the Agia Fylaxis Community.
It has an irregular shape and benefits from a rather flat surface (northeast border – slight sloping surface) and from road frontage of circa 70m along the Limassol – Palodia Road. The property has the potential to be served by all the utility services i.e. water, electricity and telecommunication.
The immediate area is characterised with high specification residential developments to the east of the asset whereas industrial developments, mainly warehouses, are located north of the asset. Also properties in this area benefit from easy access to the Limassol – Nicosia Motorway as well as the city centre and other Metropolitan areas.
A planning permit has been obtained for the development of 17 flats and is valid until July 2018.
The asset falls within the Residential Planning Zone Κα7 with a building density coefficient of 80% and a coverage coefficient of 45%, over 3 floors and 13,5m maximum height.
- Plot Area: 6262 m2
- Coverage Ratio: 45 %
- Build Density: 80 %