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1,416 SQM Commercial Land for sale in Katholiki, Limassol

Katholiki, Limassol, Cyprus
1,416 SQM Commercial Land for sale in Katholiki, Limassol 608 Katholiki
5300000 €5,300,000  ($5,568,941)
1,416 SQM Commercial Land
Katholiki, Limassol

€5,300,000  ($5,568,941)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $194,913

Average Bank Rate (€5,300,000)
1 USD = 0.9195 EUR
$5,763,854

Mid-market rate (€5,300,000)
1 USD = 0.9517 EUR
$5,568,941

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΒ3)

Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)

Coverage: 0.5

Density: 1.6

Height: 20.5 meters

Allowed stories: 5

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.19 Km

Tourist: 3.76 Km

Industrial: 2.16 Km

Agricultural: 4.02 Km

Farm: 9.24 Km

Key features

  • Listing ID: 1546718 (SA33111)
  • Plot: 1416 sqm

Description

Reference ID: details: €5,300,000Attractive commercial plot in one of the most central areas of Limassol. Located within the Historic area of Limassol, an area known for its commercial and residential activity. It offers excellent access to the motorway and is just 100 metres from the most commercial street in the city. Its proximity to private universities, schools, supermarkets and other amenities make this plot particularly appealing.Ideal opportunity for investment.The property falls within two planning zones:Εβ3 (45%) with a building density coefficient of 160% and a coverage coefficient of 50%, over 5 floors and 20,5m heightΚα3 (55%) with a building density coefficient of 140% and a coverage coefficient of 50%, over 4 floors and 17m height There are already Planning and Building Permits for the erection of a 10 upper ground commercial levels totaling around 3940 sqm and 2 underground levels totaling around 2055 sqm. The plot is registered on a holding company thus No VAT is imposed.

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.

Stamp Duties
If buying as an individual
€10,508 ($11,041)
If buying on joint names
€10,508 ($11,041)
Transfer fees
If buying as an individual
€208,600 ($219,185)
If buying on joint names
€205,200 ($215,613)

Disclaimer - Property reference 1546718. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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