You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Commercial: 0.58 Km
Tourist: 4.18 Km
Industrial: 2.56 Km
Agricultural: 3.27 Km
Farm: 8.48 Km
Reference ID: details: €700,000A unique investment opportunity featuring a generous plot with an existing well-maintained two-storey building, offering excellent potential for both immediate use and future redevelopment.The property currently includes a solid structure that can comfortably be utilized for residential or other purposes for several years prior to redevelopment, making it an ideal option for investors seeking flexibility and long-term value.In addition, the plot presents strong development prospects, with the possibility for demolition and construction of a modern project, or alternatively the addition of a steel structure extension to maximize the property’s potential and create multiple levels/floors, subject to the necessary permits and approvals.Situated in a highly desirable urban area with easy access to key amenities and main roads, this asset combines land value, existing infrastructure, and future development opportunities in one property.Ideal for investors, developers, or buyers looking to secure a versatile asset with multiple future possibilities.
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.
Disclaimer - Property reference 8640163. 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.