€12,000,000 $13,279,801
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Pay in USD and save up to $464,793Planning Zone
Residential (ΚΑ5)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Commercial: 0.48 Km
Tourist: 1.37 Km
Industrial: 0.65 Km
Agricultural: 1.87 Km
Farm: 4.92 Km
Key features
- Listing ID: 1503399 (480031028_3204)
- Plot: 23938 sqm
- Near Highway, Near Schools, On Busy Road, Residential
Description
This 23.938sqm land is located in Columbia area of Potamos Germasogias, one of the most prestigious areas of Limassol. It is located in a peaceful and green residential neighborhood, surrounded by other single-family homes and small apartment buildings.
The land is zoned for Residential and Commercial use, and it has a building coefficient of 100% and cover density of 50%. which would allow for the construction of a multi-storey residential or commercial building. It has an irregular shape.
From the total area of 23.938sqm, 6.071sqm will be deducted for rhymotomy road reductions and 3.036sqm for public green and park. This leaves land for development of 14.829sqm. However, because of the incentives provided, the total building coefficient can be increased to 19.424sqm.
There are proposed plans for the following developments:
- Two detached houses
- Five 3-storey Building apartments
- Seven 5-storey Building apartments
- Seven semi-detached houses
It is conveniently located within a short driving distance to a variety of local amenities, including supermarkets, shops, education, business and industrial centres and it is also located near the beach. Overall, this plot presents a great opportunity for a developer or investor looking to build a new residential or commercial project in a highly desirable location.
Building Density: 100%
Cover Density: 50%
Zone: Kα5, Bβ2
Residential floors: 3-5
Commercial floors: up to 7
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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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