€1,550,000 $1,730,063
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Pay in USD and save up to $60,552Planning Zone
Residential (ΚΑ5)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Commercial: 0.08 Km
Tourist: 5.25 Km
Industrial: 2.56 Km
Agricultural: 1.98 Km
Farm: 7.21 Km
Key features
- Listing ID: 1501604 (1412)
- Plot: 3326 sqm
Description
Introducing this magnificent residential field of 3,326 sq.m in a nice residential neighbourhood in the Agios Georgios area of Limassol, close to Troodos Junction and Havouzas Church. The land has an almost straight, four-sided shape with access from 2 registered roads. There is easy and convenient access to the highway and the City Center. All amenities and services are nearby.
This field is an excellent opportunity for the development of 3 apartment blocks. It has a building density of 100%, ideal for constructing buildings with up to three floors. The smooth surface of the land enhances its development potential, adding to its unique appeal. Future developments in this field can offer luxury residential apartment units with significant yields and profitability in one of Limassol's most sought-after areas.
Property Characteristics:
Option 1:
Separation in two plots (1,128μ2 + 883 sq.m): buildable area of ~ 2,011m2
Option 2:
Unified development with a buildable area of ~ 2,144m2, making a cul-de-sac road.
The property is offered for sale via selling the company’s shares (SPV), whereby no VAT or Transfer fees apply.
Contact us today for a viewing and detailed information!
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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