Field in Agios Tychonas, Limassol

This sizeable residential zoned field of 13.714 sqm is located in the Ayios Tychonas Community in Limassol District.

It is circa 400m north from the Limassol-Nicosia Motorway, 800m from the Agios Tychonas highway exit and 1,4km from the luxury hotel cluster including the Four Seasons, Amathus and Mediterranean hotels.

It has a U-like shape, benefits from road frontage of 100m along Georgiou Griva Digeni Street, 120m along Evagora Palikarides Street and 15m along Dios Street.

The asset has an active planning permit (ΛΕΜ/1070/2009 - expiry date: 29/12/2019), for the division of the field into 7 plots, 1 field as a public green area and an EAC substation.

The property is covered by the utility services (water, telecommunication and electricity).

The wider area comprises newly developed high specification detached houses, residential complexes and bungalows as well as hotels and other entertainment facilities such as bars and cafes.

In the immediate area, the residences are of average quality. The wider area is characterised by more luxurious houses.

The property is zoned as Κα10 (residential) with 30% building density, 20% coverage, 2 floors and a maximum height of 10m.

BoC owning SPV: Dolapo Properties Limited.