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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)
Commercial: 0.25 Km
Tourist: 5.11 Km
Industrial: 2.63 Km
Agricultural: 2.06 Km
Farm: 7.27 Km
Reference ID: details: €1,290,000This 1,651 square meters land, situated in Agios Georgios, falls under the category of "ΧΩΡΑΦΙ" (field) and is designated as a "Κα5" zone. The zoning description indicates areas predominantly used for residential purposes. With a building allowance of 100%, the land allows for the construction of structures up to three floors. The land has a coverage allowance of 50%, providing flexibility in designing the layout. Notably, the Value Added Tax (VAT) for this property is 0%. Additionally, its proximity to Frederick University adds value and potential for various purposes.The land includes a house that requires demolition, offering a blank canvas for potential development.
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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