Residential Land Ref. C12709
Corner residential plot in a quite residential area of Paralimni Municipality, in Famagusta District. It is located close to Paralimni Lake, at a distance of 250 meters west of the 1st April Avenue and 700 meters south of the "LIDL" supermarket.
Along 1st of April avenue there is a plethora of amenities and services such as supermarkets, shops, restaurants, cafes etc.In addition, the property has excellent accessibility to the neighboring municipalities the beautiful beaches of the area and the touristic area of Protaras.
It is a corner plot with normal shape, an even surface and abuts onto Vasou Panagi and Andrea Patsalidi streets with a total frontage of 45 meters (approx.).
The building density of the site is 90%, which allows for the construction of a two-storey building (house or apartments).
It is considered as an ideal choice for individuals and land developers.
It is noted that the property falls within the Geological Zone 00A (Zone with increased risk) in which the new construction or addition is not recommended.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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