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7,518 SQM Residential Land
Germasogeia, Limassol

€4,800,000  ($5,573,120)

Smart Assets Real Estate

Smart Assets Real Estate

Reg. No: 1109 | Lic. No: 317/E

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In high demand!
Compared currency flag Pay in USD and save up to $195,059

Average Bank Rate (€4,800,000)
1 USD = 0.8322 EUR
$5,768,179

Mid-market rate (€4,800,000)
1 USD = 0.8613 EUR
$5,573,120

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 (ΚΑ7)

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

Coverage: 0.45

Density: 0.8

Height: 13.5 meters

Allowed stories: 3

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


Nearby planning zones

Commercial: 0.11 Km

Tourist: 2.7 Km

Industrial: 1.13 Km

Agricultural: 1.85 Km

Farm: 4.83 Km

Key features

  • Listing ID: 8676207 (SA38141)
  • Plot: 7518 sqm

Description

Reference ID: details: €4,800,000A rare opportunity to acquire a permitted residential development site in a prime location of Germasogeia, Limassol.Property DetailsLocation: Germasogeia, Limassol (Ayia Paraskevi area)Total land area (after subdivision): 4,470 m²Title deed: Available Zone: Κα7 – ResidentialMax allowed height: 13.5 metersMax allowed floors: 3Coverage ratio: 45%Density ratio (building coefficient): 80%Approved Planning Permit Includes Construction of four (4) residential buildings Total approved built area (after +5% for renewables): 3,420 m² Basement parking, storage rooms, lift, pool Green areas and public spaces included All utility connections (water, sewage, electricity – underground) approved EAC substation plot secured within the developmentWhy this is an excellent investmentPlanning Permit ready – no delays, no uncertaintyWalking distance to amenities, schools, and commercial areasStrong rental & resale demand in GermasogeiaOption to increase floors beyond the standard (negotiable with municipality)All infrastructure costs already paid (water board, sewage, road works)

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
€188,600 ($218,977)
If buying on joint names
€185,200 ($215,030)

Disclaimer - Property reference 8676207. 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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