Report Listing

Residential Land For Sale

Picture of Residential Land For Sale in Alassa, Limassol, Cyprus

€101,250

Alassa
Alassa, Limassol, Cyprus

8,195 sqm

Year Built: 0

Listed By: Bezino Trading Ltd

Listed On: 12/03/2024

Listing ID: GL11989387 View More Details

Description

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

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:
Source: The World Property Journal

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