Residential field for sale in Limassol

The property is a 13% share of an urban field in Agia Fylaxis Limassol. The property is located about 510m northwest of the Limassol-Paphos highway and about 290m northeast of Giannis Kranidiotis Avenue.

- The field has a regular shape and a smooth flat surface.
- The size of the property is 7,953 sqm and the general area can be characterised as urban with residential properties comprising the majority of the area.
- Two registered roads cross the property, Kirnon Street and Kamelias Street.
- The wider area is residential and shows growth from houses and vacant plots.
- There is no distribution agreement in place

The sale of the property, which comprises of a 13% share of a field, is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.

The property is owned by Themis Portfolio Management Holdings Limited.

The asset was acquired by Themis Portfolio Management Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any property transfer fees that may be applicable.