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Pay in USD and save up to $40,170Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.35
Density: 0.6
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Commercial: 0.58 Km
Tourist: 6.9 Km
Industrial: 0.65 Km
Agricultural: 1.44 Km
Farm: 5.1 Km
Presenting this residential field located in the Agia Fyla area of Limassol spanning a total area of 2,927 m². Ideally situated just 5 minutes from the highway and 15 minutes from the city center, the property offers both convenience and accessibility.
It benefits from direct access via a registered road and comes with a submitted planning permit for the development of 21 apartments, including six three-bedroom apartments, nine two-bedroom apartments, and six one-bedroom apartments.
With a building density of 60% and a coverage ratio of 20%, the field allows for the construction of up to two floors, with a maximum building height of 10 meters.
This is a rare investment opportunity for developers and investors seeking to deliver a premium residential project.
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For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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