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Sale of a plot in Kato Polemidia, Limassol. The plot, is adjacent to Omonias Avenue extending from the main motorway of Nicosia – Limassol – Paphos. It has a regular, elongated shape with a smooth flat surface, while three (3) registered, public, asphalted roads lead to the western boundary of the plot. This plot is considered ideal for commercial development particularly office spaces or student accommodation (125 studios of 30 m2 each). A study has shown that the office spaces development might total a density (including verandas) of 5621 m2 and the student accommodation development might total a density (including verandas) of 5271 m2. The plot falls into 2 planning zones commercial Εβ-72% and residential Κα5 - 28%. Size of the plot is 42 x 111 meters
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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