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Sale of touristic plot in Amathusia area, Limassol. The plot is situated 450 meters from the sea, adjacent to Amathountos Avenue, which leads to the 28th October Avenue, the main coastal avenue of Limassol and one of the key commercial and community road. The site is a 40-minute drive from the Larnaca International Airport, a 45-minutes drive from the Pafos International Airport, a 45-minutedrive from Nicosia town and around 10minutes drive from Limassol city center. The plot is located within the boundaries of Limassol Local development plan, have access to major services (electricity, water, sewerage, telecommunications etc.) and have rights for transferring of building coefficient. It falls within the tourist zone T2δ2, with a building coefficient of 40%, in addition, as per the planning zone incentives issued on 18/12/2018 by the Ministry of Interior, the building coefficient can be increased. No VAT
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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