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566 SQM Residential Plot
Limassol Municipality, Limassol

€1,400,000  ($1,603,228)

2Buy and 2Let

2Buy and 2Let

Reg. No: 1159/ Licensed No: 574

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $56,113

Average Bank Rate (€1,400,000)
1 USD = 0.8437 EUR
$1,659,341

Mid-market rate (€1,400,000)
1 USD = 0.8732 EUR
$1,603,228

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 (ΠΑ4)

Description: Core And Continuous Structure Areas (Περιοχες Πυρηνων Και Συνεχους Δομησης)

Coverage: 0.7

Density: 2.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)


Nearby planning zones

Commercial: 0.74 Km

Tourist: 2.87 Km

Industrial: 2.5 Km

Agricultural: 5.71 Km

Farm: 9.71 Km

Key features

  • Listing ID: 8884369 (10651)
  • Plot: 566 sqm

Description

An exceptional investment opportunity in the heart of Limassol. This 566 m² freehold development plot is located within walking distance of Anexartisias Street, Pentadromos, and the Limassol Marina. Complete architectural plans by Stamataris Architects + Designers and a submitted planning application for a 20-unit residential development allow the project to move directly towards construction upon permit approval. Designed with a high-demand mix of studios and one-bedroom apartments, the scheme is ideal for both build-to-rent and resale investment. Asking Price: €1,400,000.

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
€52,600 ($60,236)
If buying on joint names
€49,200 ($56,342)

Disclaimer - Property reference 8884369. 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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