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Pay in USD and save up to $142,264Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.15
Density: 0.2
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Residential: 0.36 Km
Commercial: 0.95 Km
Tourist: 0.81 Km
Industrial: 3.23 Km
Agricultural: 0.81 Km
Farm: 2.46 Km
Introducing this prime residential field located in the prestigious Agios Tychonas area of Limassol, spanning a total area of 10,100 m². The property is ideally situated just 2 minutes from the highway and 5 minutes from the beach, offering both convenience and an exceptional location.
The field benefits from registered road frontage, ensuring easy access and providing excellent potential for residential development. The property offers unobstructed sea views.
The land falls within two residential planning zones. The H5 zone allows a building density of 30% and coverage of 20%, permitting the construction of two-floor buildings with a maximum height of 8.3 meters. The Kα11 zone allows a building density of 20% and coverage of 15%, permitting the construction of two-floor buildings with a maximum height of 10 meters.
This represents a rare investment opportunity for developers and investors seeking to create a premium residential project in one of Limassol’s most desirable and prestigious areas.
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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.
Disclaimer - Property reference 8810342. 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.
