Land of 242,725 square metre with permits for development

Limassol district, Limassol — Agia Fyla
Posted: 17.04.2019 21:05 Ad ID: 2260755
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Land of 242,725 square metre with permits for development-1
  • Reference number: 480031001-388
  • Postal code 4710
  • Plot area 242725 sq m

Four adjacent pieces of Land forming a large parcel entity of a total area of 242,725 square metre situated within the administrative areas of Palodia Village and Agia Fyla, abutting on the Limassol-Troodos road, some 1.5 km and 300m southwest of Palodia Village and "The Heritage" private school respectively. According to the latest amendment of the Local Plan of Limassol, properties which fall within the designated area for "Specified Developments" and have an extend of 60,000 square metre and more, are able to be granted increased building density up to 30%, coverage up to 20% in three storeys. The property has secured Planning Permission for the construction of Tertiary Education School (University Campus) and Medical Center. The eastern part of the property, which abuts on the Limassol-Troodos road is assigned for Photovoltaic Park. To the west of the Photovoltaic Park, the area is assigned for a Medical Center of an area of 2,500 square metre. The area immediately to the north of the Medical Center is assigned for a Conference Center of an area of 3,800 square metre. Next to that the area is assigned for a Commercial Center with coffee shops, grocery and other facilities for the use of the students of a total area of 1,500 square metre. At the center of the plots, the main building of the University of an area of 23,000 square metre will comprise the followings: a)Building with lecture theaters and class rooms, offices and cafeterias, laboratories etc b) Indoor athletic center c) Volleyball and basketball rooms d) Football stadium e) Conference Rooms The north of the main building is assigned for 5 three-storey residential buildings of a total area of 29,000 square metre. These buildings will be independent with separate access and parking spaces. The remaining development will be provided with adequate parking spaces.

Land of 242,725 square metre with permits for development-2

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