Psematismenos Plot

Location

The subject properties are adjacent and they are considered as one unique property.

The subject plot is located in Psematismenos Village in the Larnaka District.

The property is situated almost in the middle of the island within 20 minutes driving distance from Limassol, 15 minutes driving distance from Larnaka, 30 minutes driving distance from Nicosia, 45 minutes driving distance from Famagusta and 55 minutes driving distance from Pafos.

It is situated in a short distance from the main motor-way of the island, in a short distance from the sea (and from the new seaside road that connects the new airport with Limassol and Pafos) and from the new Marina in Zigi Village.

The property is located in the highest point of the area, enjoying uninterrupted view to the sea and to the surrounding areas.

The Property is adjacent to a public proposed road that is under registration.

Area and surface

The surface of the Property is mainly even and some part of it is sloping.

The total area of the Property is 102.305 sq. metres.

Planning Zone

It falls in Planning Zone Π1 (development zone for residential and other similar uses) with maximum density factor 15%, maximum coverage factor 15%, in 2 storeys and a maximum height of 8.30 metres.

Due to the large size of the plot and it's location, a development other than residential could be allowed by the Planning Authority.

Price

€7,200,000