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241 SQM Residential Plot
Agios Ioannis, Limassol

€320,000  ($371,915)

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 $13,017

Average Bank Rate (€320,000)
1 USD = 0.8313 EUR
$384,932

Mid-market rate (€320,000)
1 USD = 0.8604 EUR
$371,915

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

Residential (ΚΑ3)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

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


Nearby planning zones

Commercial: 0.36 Km

Tourist: 4.7 Km

Industrial: 0.84 Km

Agricultural: 3.4 Km

Farm: 9.73 Km

Key features

  • Listing ID: 8168792 (480081024_8)
  • Plot: 241 sqm

Description

This residential plot is located in a central and rapidly evolving area of Limassol, near Limassol Marina, within an established neighbourhood that is undergoing continuous redevelopment and upgrading

The plot currently hosts an old residential house, which is considered suitable for demolition, allowing full utilization of the lands high development potential. Its proximity to Limassol Marina and the city center makes it particularly attractive for apartment development with strong resale and rental demand.

Near Limassol Marina
Central Limassol location in an evolving area (η περιοχη εξελισσεται)
Established neighbourhood with increasing new developments
Existing old house on the plot (demolition value)
Ideal for residential apartment development
Easy access to main roads, city center, and seafront

Development Features:

Planning Zone: Κα3
Plot size: 241 sqm
Building density: 140%
Coverage: 50%
Up to 4 floors

This plot represents a strong development opportunity in one of Limassols most dynamic and improving areas, where land availability is limited and demand continues to grow. The high building density and proximity to the Marina significantly enhance the projects future value.

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
€9,400 ($10,925)
If buying on joint names
€6,300 ($7,322)

Disclaimer - Property reference 8168792. 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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