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The property is a detached three storey villa with a total internal area of 196 sqm located in an area known as Saitas in Moniatis Village, Limassol. It is adjacent to Ammochostou Street on its northern boundary, at a distance of 450 meters north-east of the Limassol – Troodos main road and 25km northwest from Limassol city.
The villa consists of an open plan living room with fire place, dining room, kitchen and guest toilet on the ground floor, one master bedroom en-suite and two bedrooms and a bathroom on the first floor.
The villa also has a semi - basement with a total area of 46s qm which consists of a storage, parking space and a lift.
The asset land area is 556 sqm out of the 1.113 sqm.
It is noted that the Bank owns 1/2 share, therefore the subject property is located on the western half of the parcel, whereas on the eastern part there is another house belonging to a third party.
The wider area has experienced significant growth in construction activity over the last few years, with houses and villas of good quality. Due to the high elevation of the area, the asset benefits from unobstructed mountain views.
The property falls within the Residential Planning Zone H5α with a building density coefficient of 35% and a coverage coefficient of 20% over 2 floors and 8.30 meters height.
THE PRICE IS SUBJECT TO VAT
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