Residential land 557 m²
Residential Plot of Land suitable for Development in Limassol Centre for sale
The Plot is located in the Parish of Agios Georgios Havouzas and is accessible via a Public Asphalt Road and is adjacent to a green area from the back. It falls under the Local Development Plan of Limassol Municipality and forms part of the Urban Planning Zone Ka5, which allows a building and development density of 100%, with a coverage of 50% over 3 floors.
The plot is South of the Limassol-Nicosia Motorway and has easy and quick access both to the South Limassol (via Nikou & Despinas Pattichi Street) and to the North (via Troodos Junction). The Plot has a Facade of about 23metres and its orientation is West. It is about 200 meters east of Nikou and Despinas Pattichi street and American Academy, and about 260 meters southwest of Frederick University and behind the well-known restaurant of Goody’s. (About 150 meters east).
Its Area is 557 (m)², and it is considered Ideal for the development of residential apartments for sale. The wider area has experienced immense development during the last decade, and the demand from households for this kind of plots in the area has increased significantly. The plot is in relative proximity to all services and amenities such as Schools, Supermarkets, Restaurants, (Primary School of Agios Georgios Havouzas, Tsirio High School, American Academy, Frederick University, etc.).
The Plot is not subject to VAT taxation, it has a whole share ownership, it does not have any encumbrance and is therefore easily transferable. This is considered to be an overall excellent and risk free investment opportunity.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 22 875 353
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