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6690 SQM Land for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
6690 SQM Land for sale in Limassol Municipality, Limassol 3939 Limassol Municipality
Offers in the region of
833000 €833,000  ($893,606)
6690 SQM Land
Limassol Municipality, Limassol
Offers in the region of

€833,000  ($893,606)

SOLD
Bank Owned Property

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Compared currency flag Pay in USD and save up to $31,276

Average Bank Rate (€833,000)
1 USD = 0.9007 EUR
$924,882

Mid-market rate (€833,000)
1 USD = 0.9322 EUR
$893,606

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 829302 (15826)
  • Plot: 6690 sqm
  • Zone

Description

This residential zoned field is located in the Agia Fylaxis area in Limassol Municipality.

The asset is located circa 1.5km north from the Nicosia – Limassol Highway, 1.6km northeast from the Tsireio football stadium and 350m from a school.

It has a rather irregular shape and inherits a sloping surface, offers distant sea views and even though it is considered landlocked (at 110m from the nearest asphalted registered public road) , it is accessible from an unregistered dirt road.

The property totals 19.064 sqm of which BoC owns a 35% share. There is a distribution agreement which distinguishes the part of the asset that is considered to be owned by the Bank.

The property has the potential to be served by all the utility services i.e. water, electricity and telecommunication.

The immediate area consists of land division works and the development of mid to high specification residential developments.

Assets in the wider area benefit from easy access to the Limassol-Nicosia Motorway and the Limassol city centre.

The asset falls within the Residential Planning Zone Kα9 with a building density coefficient of 40% and a coverage coefficient of 25%, over 2 floors and 10m maximum height.

Ownership held:(35%) 

THE PRICE IS SUBJECT TO VAT.



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

This residential zoned field is located in the Agia Fylaxis area in Limassol Municipality.

The asset is located circa 1.5km north from the Nicosia – Limassol Highway, 1.6km northeast from the Tsireio football stadium and 350m from a school.

It has a rather irregular shape and inherits a sloping surface, offers distant sea views and even though it is considered landlocked (at 110m from the nearest asphalted registered public road) , it is accessible from an unregistered dirt road.

The property totals 19.064 sqm of which BoC owns a 35% share. There is a distribution agreement which distinguishes the part of the asset that is considered to be owned by the Bank.

The property has the potential to be served by all the utility services i.e. water, electricity and telecommunication.

The immediate area consists of land division works and the development of mid to high specification residential developments.

Assets in the wider area benefit from easy access to the Limassol-Nicosia Motorway and the Limassol city centre.

The asset falls within the Residential Planning Zone Kα9 with a building density coefficient of 40% and a coverage coefficient of 25%, over 2 floors and 10m maximum height.

Ownership held:(35%) 

THE PRICE IS SUBJECT TO VAT.



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Open map  

Buying expenses

Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.

Stamp Duties
If buying as an individual
€1,574 ($1,688)
If buying on joint names
€1,574 ($1,688)
Transfer fees
If buying as an individual
€29,920 ($32,097)
If buying on joint names
€26,520 ($28,450)

Disclaimer - Property reference 829302. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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