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Pay in USD and save up to $133,2753586sqm Commercial Plot is now available for sale with building permits, architectural plans, valuation appraisal approved by RICS, and an in-depth development appraisal!
It is located in one of the most commercial areas of Limassol combining ease of access to the highway and has a great exposure towards the public having more than 100m facade. This development has a mixed commercial use and it can either be constructed as Energy Efficiency A offices or an ultra-luxury boutique hotel. Energy efficiency certificate A is provided by the Ministry of Industry and Tourism.
The plot falls into the planning zones EB5 and KA5 having a building density coefficient of 120% for the 50% of the plot and 100% for the remaining 50% of the plot. Additionally, the coverage coefficient is the same for both planning zones with 50%.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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