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572 SQM Plot
Zakaki, Limassol

€620,000  ($707,302)

VAT Applicable not included in the price
SOLD
2Buy and 2Let

2Buy and 2Let

Reg. No: 1159/ Licensed No: 574

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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 $24,756

Average Bank Rate (€620,000)
1 USD = 0.8469 EUR
$732,058

Mid-market rate (€620,000)
1 USD = 0.8766 EUR
$707,302

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: 7853046 (8669)
  • Plot: 572 sqm

Description

Excellent development opportunity in Zakaki, just 2 minutes from the new casino. The project consists of two adjacent plots with a total area of 572 m² (project area) and a 100% building density. The proposed L-shaped building includes 8 apartments — five 1-bedroom, two 2-bedroom, and one 3-bedroom unit — offering strong potential for both sales and rental income. Application for planning license is already filed under the old VAT regime (5% on the first 200 m²). Priced at €620,000 (negotiable), combining zero VAT on the existing structure and 19% on the new build.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 7853046. 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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