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5,867 SQM Land
Paramytha, Limassol

€950,000  ($1,099,584)

Dom Real Estate

Dom Real Estate

DOM Real Estate Agent reg. number: 397 License: 338/Ε

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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 $38,485

Average Bank Rate (€950,000)
1 USD = 0.8347 EUR
$1,138,070

Mid-market rate (€950,000)
1 USD = 0.8640 EUR
$1,099,584

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.

Key features

  • Listing ID: 7811064 (186299)
  • Plot: 5867 sqm

Description

Land for sale for the construction of 9 villas and 5 apartments in the area of Fasoula, Limassol. The land area is 5867 m2. The building density is 60%. The coverage ratio is 35%. The height is 8.3 m. Net building coefficient after deductions (ΑΗΚ/ΔΧΠ/PΥΜΟΤΟΜΙΑ): 2,620 m2 + covered verandas. Topographer work, geotechnical study, architectural drawing for the development of 9 detached villas and 5 apartments have been completed. Planning permit will be submitted and awaiting issuance by July 2025. Building permit is not prepared and not submitted. Brochure, technical specs, 3d renders are prepared and paid. Pre-costing BoQ and feasibility study is prepared and paid. In addition, electrotechnical/mechanical systems have been coordinated for the purposes of design. A planning permit has also been approved and issued (both division permit and development’s planning permit). A building permit is expected in July 2025. A brochure, technical specs, and 3D renders have been prepared and paid for. A pre-costing BoQ and feasibility study have been prepared and paid for. The seller is obliged to issue permits for the division of the site, building permits, planning permits, as well as to invoice the settlement of consultants up to the stage of the development's building permit issuance. In addition, the seller is obliged to deliver all studies and work done up to the stage of Planning permit to the Purchaser. The Puschaser is free to keep the same team of consultants or to replace them for the next stages.

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
€34,600 ($40,048)
If buying on joint names
€31,200 ($36,113)

Disclaimer - Property reference 7811064. 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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