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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)
Commercial: 0.25 Km
Tourist: 5.11 Km
Industrial: 2.63 Km
Agricultural: 2.06 Km
Farm: 7.27 Km
Reference ID: details: €1,290,000This 1,651 square meters land, situated in Agios Georgios, falls under the category of "ΧΩΡΑΦΙ" (field) and is designated as a "Κα5" zone. The zoning description indicates areas predominantly used for residential purposes. With a building allowance of 100%, the land allows for the construction of structures up to three floors. The land has a coverage allowance of 50%, providing flexibility in designing the layout. Notably, the Value Added Tax (VAT) for this property is 0%. Additionally, its proximity to Frederick University adds value and potential for various purposes.The land includes a house that requires demolition, offering a blank canvas for potential development.
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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