€850,000 $885,530
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $30,994Planning Zone
Residential (ΚΑ3)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Commercial: 0.38 Km
Tourist: 4.89 Km
Industrial: 0.65 Km
Agricultural: 3.31 Km
Farm: 9.77 Km
Key features
- Listing ID: 1605783 (27388)
- Plot: 524 sqm
Description
An outstanding opportunity to acquire a 524 sq.m. residential corner plot with planning license for a 4-storey building. Located in a prime area just a 5-minute drive from Limassol Marina, Old Town, City of Dreams, and Lady’s Mile Beach, this property boasts excellent connectivity to main roads and essential amenities such as schools and bus stops. The location combines convenience with the tranquility of a central yet quiet neighborhood, making it ideal for residential development.
Approved Project Details:
Ground Floor:
- Covered parking area.
1st Floor:
- A two-bedroom apartment (90 sq.m. interior + 20 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.
2nd Floor:
- A two-bedroom apartment (90 sq.m. interior + 19 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.
3rd Floor:
- A two-bedroom apartment (90 sq.m. interior + 18 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.
4th Floor (Penthouse):
4th floor:
- A luxurious three-bedroom penthouse (133 sq.m. interior) with a private pool, a covered veranda (35 sq.m.), an uncovered veranda (52 sq.m.), and a spacious roof terrace (58 sq.m.). The master bedroom features an ensuite shower, while a family bathroom serves the two other bedrooms. Additionally, there is a guest toilet.
This property is exempt from VAT and transfer fees.
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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