€16,500,000 $17,230,540
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Pay in USD and save up to $603,069Planning Zone
Commercial (ΕΒ)
Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)
Coverage: 0.5
Density: 1.4
Height: 11.3 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Residential: 0.53 Km
Tourist: 0.53 Km
Industrial: 2.62 Km
Agricultural: 2.27 Km
Farm: 5.12 Km
Key features
- Listing ID: 1547088 (SA32331)
- Plot: 2710 sqm
Description
Reference ID: details: €16,500,000Big plot for sale in Germasogeia tourist area ,Limassol District. The area of the site is considered elite and potential neighbors it is wealthy citizens of Limassol, has full access to the main road and all facilities (electricity, water, phone etc.) are ready for building.Gemasogeia Tourist area offers a quiet environment and is considered as one of the best areas in Limassol. This is a great investment opportunity.There is approved planning permission for mixed commercial development. There is a letter from the Tax Department that the transaction is exempt from VAT.The property falls within 2 planning zones:Planning zone: Εβ [86%] Τ1β [14%] Building density: 80%Coverage ratio: 35%Maximum floors allowed: 3Maximum building height:13.5 mThe location of the land is ideal for luxury residential development, close to Lidl and Metro supermarkets, Cineplex cinema and has easy access to the highway.PLUS V.A.T
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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