€1,500,000 $1,675,725
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Pay in USD and save up to $58,650Planning Zone
Residential (Η2)
Description: Residence (Κατοικια)
Coverage: 0.5
Density: 0.9
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Area 9) (Δηλωση Πολιτικης (Χωρ. Περιοχη 9))
Nearby planning zones
Commercial: 0.24 Km
Tourist: 2.9 Km
Industrial: 0.83 Km
Agricultural: 1.29 Km
Farm: 3.36 Km
Key features
- Listing ID: 1505358 (480081001_224)
- Plot: 5000 sqm
- Title Deed Issued, View - Mountain
Description
Centrally situated in the heart of Pyrgos, this property enjoys a strategic location just 5minutes from Parekklisha and a mere 20-minute drive from the bustling city of Limassol.
This prime positioning offers easy access to local amenities, major road networks, and the vibrant lifestyle of Limassol.
Property Details:
- Land Size:
An expansive plot of 5000 sqm, offering substantial development potential.
- Building Density:
High density of 90%, providing the capability to construct approx.. 4,000 m² of covered areas. This generous allowance enables the development of extensive residential or mixed-use projects.
- Levels:
Permitted construction spans across two levels, allowing for versatile design and usage options, catering to a range of development plans for luxury residences.
Investment Highlights:
- Strategic Location:
Proximity to Limassol, a major economic and cultural hub, ensures strong demand for any development. The easy access to highways and public transport links enhances the appeal for future residents or businesses.
- High Demand Area:
Pyrgos and its surroundings are rapidly developing areas with increasing demand for high-quality housing and commercial spaces. This trend ensures a promising return on investment.
Potential Uses:
- Residential Development: Ideal for creating a gated community, apartments, or luxury villas, capitalizing on the high demand for residential properties in the Limassol area.
This property offers an unparalleled opportunity for developers seeking a prime location with substantial development potential. Its strategic position near Limassol, coupled with the extensive building density allowance, makes it a highly attractive investment. Don’t miss the chance to capitalize on this rare offering in one of the most sought-after areas near Limassol.
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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