2691 SQM Land for sale in Germasogeia, Limassol

This residential zoned field of 11.037 sqm is located in the Agia Paraskevi area in Yermasogeia Municipality in Limassol District. The asset is located circa 2km from the Yermasogeia Roundabout, 850m north from the church of the community and 80m west form the Yermasogeia - Akrountas Road. The area owned by BoC is 2.691 sqm (out of 11.037 sqm), which is indicated by the distribution agreement which is in place. The net area of this section is circa 2.074 sqm as 617 sqm was used for the development of the road network, which generated road frontage of 100m. The asset offers attractive distant sea views and sits higher than the road surface. It is not covered by the utility services (waters, electricity and telecommunications). The immediate area consists of touristic and residential developments as well as unutilised parcels of land. Assets in this area benefit from easy access to the city centre and other neighbouring areas. The asset falls within the Residential Planning Zone Kα6 with a building density coefficient of 90% and a coverage coefficient of 50%, over 3 floors and 13,5m maximum height. Ownership held: 24% THE PRICE IS SUBJECT TO VAT. Reg. No. : 0/18460 All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.