1126m² Land in Parekklisia, Cyprus No. 64708

Property description

BIG DOUBLE PLOT (1126 SQ.M.) WITH CLEAR TITLE FOR SALE BY THE OWNER, OPPOSITE THE LUXURY PARKLANE HOTEL (EX LE MERIDIEN HOTEL) AND ST. RAPHAEL HOTEL.

THE PLOT WAS CONSTRUCTED BEFORE 1990 AND THEREFORE KEPT ITS OLD BUILDING COEFFICIENT ( DENSITY) 45% AND COVERED 25% (SEE ATTACHED LETTER FROM THE PLANNING AUTHORITY THAT CONFIRMS 45% DENSITY AND 25% COVER). IT HAS FRONTAGE 45 M. AND CAN BUILD 532 SQ.M. ( 507 SQ.M ACCORDING TO DENSITY + EXTRA 25 SQ.M. WITH PHOTOVOLT. INSTALLATION/ INCENTIVES )