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Investment plot for sale in the quiet area of Germasogeia, Limassol - a rare opportunity for developers and investors. A plot of 5,095 m² with an approved residential project and ready licenses for the construction of two residential blocks with a total construction area of 2,476 m². The permit includes 24 apartments: 18 two-bedroom and 6 one-bedroom apartments.The ideal location just 3 km from the sea and 3 minutes from Germasogeia roundabout provides easy access to the city center, beaches, the highway and any area of the island. The plot is located in a rapidly developing residential area with panoramic mountain views and is surrounded by all the necessary infrastructure - nearby are Foley's private school, university, local schools and kindergartens, hospitals, private clinics, shops, cafes and other amenities. This project is an ideal choice for both construction for sale or rent, as well as for the creation of a modern residential complex. Ready for implementation.
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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