€ 550,000

Residential plot in Kolossi within walking distance of shops and amenities of the area.
This is a flat residential plot, all on the same level, slightly lower than the street level with a total area of ​​3240m2 and a frontage of 24m2.

Property suitable either for the construction of a residential complex of apartments or for maisonettes, since it provides a building factor of 90%.

The land falls into the urban planning zone H2 which allows the construction of 2 floors 90% building density and 50% coverage.

This is a really good investment opportunity since it allows the possibility of constructing a large building or even 2 buildings in a quiet area but next to shops and services, in a sparsely populated newly built area.

There is no additional VAT charge.
(note: we are not sure if there is a land concession for enlargement of the road width / we provide the exact extent as per the title deeds).

title deed 'land'