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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)
Commercial: 0.42 Km
Tourist: 0.62 Km
Industrial: 1.44 Km
Agricultural: 4.42 Km
Farm: 7.47 Km
The Property House presents this residential half-plot in the prime area of Neapolis, Limassol.
The property is located less than 200m from the famous Limassol sea-front with excellent access to all kinds of amenities and entertainment venues essential for city living. The plot consists of 341.5m2 of land with 140% building density and 50% coverage, ideal for a minimum of 3x 2-bedroom apartments, which are in very high demand in this part of the city. There is an old house in the plot meaning there is no VAT additional to the purchase price.
A distribution agreement has already been signed and application made for separate title deeds.
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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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