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Commercial plot of 508sqm for sale situated in Petrou & Pavlou area, offering easy accessibility towards the city center and the Limassol Nicosia motorway. There is a house sitting on the plot of 186sqm plus a small external building of 15sqm that are built of stone. The asset falls within the Commercial Planning Zone Eβ5, with building density coefficient of 120%, coverage coefficient 50%, in 3 floors and 13.5 meters height.
One can build a commercial building of 609sqm plus 152sqm covered verandas. The plot has a rectangular shape with flat surface and facade of 21.7 meters. The area is defined as a prime location due to the vicinity to the town centre, the coastal avenue, the Motorway and many other facilities and landmark locations of Limassol.
Title deed is clean and ready for transfer.
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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