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29,653 SQM Plot
Trachoni Lemesou, Limassol
Offers in the region of

€4,800,000  ($5,535,113)

SOLD
Bank Owned Property

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In high demand!
Compared currency flag Pay in USD and save up to $193,729

Average Bank Rate (€4,800,000)
1 USD = 0.8379 EUR
$5,728,842

Mid-market rate (€4,800,000)
1 USD = 0.8672 EUR
$5,535,113

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: 829244 (28661)
  • Plot: 29653 sqm

Description

This asset is a share of five fields under division in Trachoni, Limassol.

The asset is located 400m west of the Fasouri Waterpark, 900m southeast from the center of the Trachoni and 2,4km west of My Mall Limassol and the under construction Limassol casino resort.

The asset is 29653/72925 share of five fields with a total area of 77,622sqm. According to the distribution agreement once the land division process is completed the share will convert to 21 plots of an average area of 780sqm and two fields of 7,881sqm and 5,341sqm. The total land area for the 21 plots and two fields is 29,653sqm, that fall entirely into planning zone H4.

The immediate area of the asset comprises of residential developments and agricultural land.

The property falls within two planning zones:

-55,509sqm fall into residential planning zone H4 with 40% building density, 25% coverage, in 2 floors and a maximum height of 8,3m.

-22,113sqm fall into protected planning zone Z1 with 6% building density, 6% coverage, in 2 floors and a maximum height of 8,3m.

Owner: Edilia Properties Ltd

(29653/72925 share of 2,453sqm), 0/1738 (29653/72925 share of 5,816sqm), 0/1739 (29653/72925 share of 8,027sqm), 0/1740 (29653/72925 share of 51,506sqm), 0/2038 (29653/72925 share of 9,820sqm)

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

This asset is a share of five fields under division in Trachoni, Limassol.

The asset is located 400m west of the Fasouri Waterpark, 900m southeast from the center of the Trachoni and 2,4km west of My Mall Limassol and the under construction Limassol casino resort.

The asset is 29653/72925 share of five fields with a total area of 77,622sqm. According to the distribution agreement once the land division process is completed the share will convert to 21 plots of an average area of 780sqm and two fields of 7,881sqm and 5,341sqm. The total land area for the 21 plots and two fields is 29,653sqm, that fall entirely into planning zone H4.

The immediate area of the asset comprises of residential developments and agricultural land.

The property falls within two planning zones:

-55,509sqm fall into residential planning zone H4 with 40% building density, 25% coverage, in 2 floors and a maximum height of 8,3m.

-22,113sqm fall into protected planning zone Z1 with 6% building density, 6% coverage, in 2 floors and a maximum height of 8,3m.

Owner: Edilia Properties Ltd

(29653/72925 share of 2,453sqm), 0/1738 (29653/72925 share of 5,816sqm), 0/1739 (29653/72925 share of 8,027sqm), 0/1740 (29653/72925 share of 51,506sqm), 0/2038 (29653/72925 share of 9,820sqm)

All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

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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
€188,600 ($217,484)
If buying on joint names
€185,200 ($213,563)

Disclaimer - Property reference 829244. 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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