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523 SQM Commercial Plot
Agios Georgios Limassol, Limassol

€960,000  ($1,097,961)

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
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Compared currency flag Pay in USD and save up to $38,429

Average Bank Rate (€960,000)
1 USD = 0.8448 EUR
$1,136,390

Mid-market rate (€960,000)
1 USD = 0.8743 EUR
$1,097,961

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.

Planning Zone

Commercial (ΕΒ4)

Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.5 Km

Tourist: 4.74 Km

Industrial: 2.5 Km

Agricultural: 2.86 Km

Farm: 8.1 Km

Key features

  • Listing ID: 7507952 (480031028_6197)
  • Plot: 523 sqm

Description

We present this plot of 523 sqm located on the main road of Nikou Pattichi Avenue in Limassol. It provides easy access to all amenities, 500m to the highway, 100 meters to Spirou Kiprianou Avenue, 1km to Makarios Avenue, and 2km to the city center.
The shape of the plot is rectangular, has a flat surface, and offers an excellent opportunity for residential or commercial development.
The plot falls within the planning commercial Eβ5 (72%) and residential Ka5 (28%) zones, with the following characteristics:
Area: 523sqm
Building Density at the commercial zone 72% of the plot = 376 sqm: 120%
Building Density at the residential zone 28 % of the plot = 146 sqm: 100%
Building Coverage: 50%
Floors: 3
Height: 13.5 meters
Road frontage of about 13.5m
Depth of about 37m

It's important to note that this property is exempt from VAT.

Note: In the plot are two houses

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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
€35,000 ($40,030)
If buying on joint names
€31,600 ($36,141)

Disclaimer - Property reference 7507952. 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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