14,138 SQM Commercial Plot for sale in Katholiki, Limassol

Plot title whole share area 14,138 sqrm, in the area of Monagroulli within Limassol district. The land characteristics are: has a build coefficient of 20.000% with covered coefficient of 20.00%, maximum building permissible height 8.00 meters, and maximum number of floors 2. Other characteristics of Plot: electricity, via electricity poles, telephone, water connection. Τhe land area is 14,138 square meters. After getting relevant permits from the local authorities, you can build a building of total area 2,828 sqrm. The value of this investment comes to € 530 per square meter of covered area. The type of road leading to the property is tarmac secondary road. The property has no VAT tax. This Plot has a Title Whole Share and so the new owner can utilise it as he pleases. Spacious residential land on the panoramic slopes of the picturesque Monagroulli village in Limassol District. The plot may be divided for the construction of 10 spacious villas ideally ranging from 995 sq meters to 1,228 sq. meters. These villas may be built according to the morphology of the ground to retain the natural beauty of the surrounding fauna and flora and sea views. The zone of the property is H6 , and there's an allowance for 2 levels with a height of 8.3 meters. There are 2 adjacent roads providing access to the plot one of which is a public registered road. There is easy access to the motorway for Larnaca and Nicosia and additionally direct access to the center of Limassol town which is merely a 10 minutes drive. The area has been provided with electricity cables, water pipes and telephone and internet cables Adjacent to the plot there are a series of 10 luxury villas built by a renowned developer all sold by popular demand. The property is highly recommended for building luxury villas and should be considered an investment opportunity.