For Sale €3,488,000 - Residential
The property comprises of two adjacent parcels of land with total area of 46.683sqm, located in Parekklisia, Limassol.
The property has a rather irregular shape with a total frontage of 140 meters. Its surface is slightly slopped.
The asset enjoys good accessibility to Limassol city and the surrounding areas due to its close proximity to the Limassol – Nicosia motorway.
It is noted that within the field there is a public registered footpath.
The property falls within the following two Planning Zones:
31.500 sqm fall within the Residential zone Η6 with a maximum building density coefficient of 20% and a land coverage coefficient of 20% over 2 floors and 8.30 meter height.
15.183 sqm fall within the Agricultural zone Γ3 with a maximum building density coefficient of 10% and a land coverage coefficient of 10% over 2 floors and 8.30 meters height.
The immediate area of the property is mainly classified as agricultural, where as in the wider area residential units can also be observed. The area can be defined as a prime location due to the great vicinity to the town centre and other points of reference of Limassol city, such as the St Raphael Marina and Grand Resort Hotel.
The property is served by utility services (water, electricity and telecommunication).
- Plot Area: 46683 m2
- Coverage Ratio: 20 %
- Build Density: 20 %