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Pay in USD and save up to $170,606Sale of a plot in Kato Polemidia, Limassol. The plot, is adjacent to Omonias Avenue extending from the main motorway of Nicosia – Limassol – Paphos. It has a regular, elongated shape with a smooth flat surface, while three (3) registered, public, asphalted roads lead to the western boundary of the plot. This plot is considered ideal for commercial development particularly office spaces or student accommodation (125 studios of 30 m2 each). A study has shown that the office spaces development might total a density (including verandas) of 5621 m2 and the student accommodation development might total a density (including verandas) of 5271 m2. The plot falls into 2 planning zones commercial Εβ-72% and residential Κα5 - 28%. Size of the plot is 42 x 111 meters
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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