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520 SQM Land
Parekklisia, Limassol

€65,000  ($75,175)

VAT Applicable not included in the price
Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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Average Bank Rate (€65,000)
1 USD = 0.8354 EUR
$77,807

Mid-market rate (€65,000)
1 USD = 0.8646 EUR
$75,175

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: 8112109 (32557)
  • Plot: 520 sqm

Description

This 7% share of a large residential field in the sought-after Parekklisia community presents a fantastic opportunity for those looking to invest in a tranquil and developing area of Limassol. The share corresponds to an approximate area of 520 m² and is located in the eastern part of the field, with a rectangular shape and an even surface, perfect for residential development.

The property enjoys easy access via a registered road along its southern boundary, providing an extensive frontage of approximately 96 meters. The field is part of a larger distribution agreement, with the share clearly represented for ease of ownership and development. The surrounding area offers a peaceful and scenic environment, ideal for residential projects.

Key Features:

Share Area: Approx. 520 m² (7% of the total field)

Shape: Rectangular with an even surface

Access: Registered road along the southern boundary with 96 meters of frontage

Zoning: H5 (Residential)

Building Coefficient: 30%

Coverage Ratio: 20%

Max Floors: 2 (Max height of 8.3 meters)

Proximity to Amenities:

1.5 km to Parekklisia community center

3.8 km to Pyrgos community center

4.5 km to the A1 highway

16 km to the Port New Harbor

44 km to Larnaca Airport

The property is located in the quiet yet developing Parekklisia area, only a short distance from local amenities, schools, and the main highway for easy access to Limassol and surrounding areas. The area is increasingly popular with both local and international buyers due to its serene environment, combined with convenient access to the coast and other key locations.

1. What is the size of the property?
This listing represents a 7% share of a larger residential field, corresponding to an approximate area of 520 m².

2. What is the shape and surface of the plot?
The plot is rectangularly shaped with an even surface, making it ideal for construction.

3. How is access to the property?
Access is via a registered road along the southern boundary, with a frontage of about 96 meters, providing easy and clear access to the plot.

4. What is the zoning for this property?
The property is within Zone H5, which is residential zoning, allowing for the construction of low-rise buildings (2 floors max with a height of 8.3 meters).

5. What are the building coefficients for this plot?

Building Coefficient: 30%

Coverage Ratio: 20%
These factors define the extent of the plot that can be developed and built upon.

6. How far is the property from the main areas?

1.5 km from Parekklisia community center

3.8 km from Pyrgos community center

4.5 km from the A1 highway

16 km from the Port New Harbor

44 km from Larnaca Airport

7. Is the property close to the beach or any tourist attractions?
Yes, the plot is in a desirable area close to the coastline and is a short drive from the Limassol district’s popular beaches, tourist attractions, and amenities.

8. What kind of development can I build on this plot?
As the property falls under Zone H5, you can develop residential properties, including single-family homes or low-rise multi-unit buildings, with a maximum height of 8.3 meters.

9. What is the legal status of the property?
There is a distribution agreement in place, ensuring that this 7% share is clearly defined and represented by the eastern part of the field, making the purchase process straightforward.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8112109. 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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