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Agia Zoni, Limassol

€760,000  ($866,103)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $30,314

Average Bank Rate (€760,000)
1 USD = 0.8478 EUR
$896,416

Mid-market rate (€760,000)
1 USD = 0.8775 EUR
$866,103

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 9009518 (480081001_1552)
  • Plot: 522 sqm

Description

Opportunity to acquire two separately registered development plots in the Tsiflikoudia area of Limassol, with a combined land area of 522 m².

Each plot measures 261 m², allowing the purchaser the flexibility to retain the separate titles or investigate a unified development, subject to planning and technical approval.

Both properties fall entirely within planning zone Βα6/ΒΕ6, with:

- Building density: 140%
- Coverage: 50%
- Maximum floors: 2
- Registered road access
- Regular plot configuration

With the activation of the Plan’s development incentives and subject to the required contributions, design conditions and approvals, development may potentially reach:

- Maximum density: up to 300%
- Maximum floors: 6
- Maximum height: 30 metres

The 300% is not automatic. An owner or developer cannot value the land as if 300% has already been secured. The unconditional starting point remains 140% density, 50% coverage and 2 floors.

Permitted and desired uses

The zone is intended primarily for larger economic and employment-generating developments, including:

- Offices
- High-technology Category B industries
- Innovation and research-and-development centres
- Large integrated businesses and logistics operations
- Car or mechanical-equipment dealerships, including related display, storage and servicing areas
- Exhibition premises
- Television or radio stations
- Recreation and entertainment uses, subject to conditions
- Small retail or daily-service units, generally restricted to up to 10% of the development’s ground-floor area
- Certain workshops and storage uses, subject to the relevant policies and restrictions

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€27,000 ($30,769)
If buying on joint names
€23,600 ($26,895)

Disclaimer - Property reference 9009518. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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