€ 450,000

Within one of the most sought-after regions of the Eastern part of Limassol, the said land with a total area of ​​2600m2 is proposed for sale, providing an investment opportunity or for development puruposes due to the hight building coefficient.

A residential land adjacent to a registered asphalt road and falling within the H2 urban planning zone with a building factor of 90%, while the coverage factor is 50% and the permitted height is 2 floors of 8.3m max height.
This is a proposal either for investment or for immediate use since the property is suitable for 2 large apartment complexes or for maisonettes or both together.

A large part of the land provides a flat surface, the ground is good, while towards the back side the ground is at a lower level in some points, than the level of the registered road. In case someone wishes to build apartments, this may allow for easier creation of a parking space (possible).

The total depth of the land is estimated around 99m.
Initially, it has a narrower frontage and also provides a right of way to an adjacent property, then its width increases from approximately 26.5m to approximately 34.7m and its width reaches approximately upto 53m.
From the point where its width increases, there is approximately 58m lenght out of the total depth that we mentioned above which was counted around 99m total.

Peaceful area, mainly newly built and sparsely populated with access from the highway in about 6 minutes by car.

The area, due to the short distance (4 kilometers from the coastal zone) and due to the easy access to the five-star hotels of Limassol, is now sought after not only by locals but also by Europeans and by people from third countries either for own residence or for investment.

The area provides electricity and water consumption and there are already homes which are inhabited, while very close there are newly built block of apartments or new houses - villas.

Relaxing environment with various amenities in a short proximity from the property.

You should view this property in order to appreciate it.

please add VAT accordingly.