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Description: Protection Zone (Ζωνη Προστασιας)
Coverage: 0.06
Density: 0.06
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Except Area 1) (Δηλωση Πολιτικης (Χωρ. Περιοχη 1))
Residential: 0.76 Km
Commercial: 18.42 Km
Tourist: 21.73 Km
Industrial: 12.05 Km
Agricultural: 3.22 Km
Farm: 15.17 Km
The property consists of two fields and a 50% share of an adjoining field in Kaminaria, Limassol. It is located approx. 1.5km southeast of Kaminaria village centre and approx. 400m east of Limassol – Saittas road.
The fields have an irregular shape, an area of approx. 17,894 sqm (15,051 sqm and 1/2 share of 5,686 sqm) and benefit from a total frontage of approx. 239m along a registered footpath.
The immediate area is characterised mainly by forest land.
The property is owned by Themis Portfolio Management Holdings Limited
The asset was acquired by Themis Portfolio Management Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any property transfer fees that may be applicable.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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