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Mixed use land is ideal for commercial and residential build, situated parallel to the highway of Limassol, which joins the first exit on the highway between Polemidia roundabout and the road of the General Hospital.
Size of the land: 6.752 m2, Density 80 %, Coverage 45%, allowing 3 floors.
This land has a special zone area allowing, Schools, Hospitals, private clinics, office buildings and showrooms,furthermore the government gives incentives for these purposes allowing extra build and extra floor allowances. 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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