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MESHITI REAL ESTATE AGENCY | MESHITI RITA -Reg.No. 904/LIC No. 450

€ 320,000

Residential Plot in Eastern Limassol with Plans and Building Permit for 2 Houses

#PLOT-EAST-06-26

Parekklisia, Center

950 m²

Investment

Rita Meshiti

Contact / MESHITI REAL ESTATE AGENCY | MESHITI RITA -Reg.No. 904/LIC No. 450

Description

Residential Plot in Eastern Limassol – Parekklisia, with Plans and Building Permit for 2 Houses

A residential plot of 950 m² is available for sale in Parekklisia, in the eastern part of Limassol, with a separate title deed, accompanied by architectural plans and a valid building permit for the construction of two houses.

The property falls within Planning Zone H5, with a building density coefficient of 30% and a coverage coefficient of 20%, allowing for the development of residential properties of up to 2 floors, with a maximum permitted height of 8.3 metres.

Although the plot is not square-shaped, the owner has secured a well-designed development plan for the construction of two independent residences, each enjoying a spacious private garden and a private swimming pool. Each residence is designed over two floors, with an approximate covered area of 150 m².

The owner has secured a valid building permit until April 2028, providing the new owner with the opportunity to proceed with the proposed development based on the existing approved plans.

The plot has a frontage of approximately 19.5 metres. However, due to its irregular shape, the property has a depth of approximately 20 metres on one side and 40 metres on the other. Nevertheless, a very well-designed plan for the development of two residences is available.

The asking price represents the value of the land, while the architectural plans and building permit for the two residences will be included in the sale.

VAT, where applicable, will be added to the advertised price.

Basic Criteria

Property

Land Plot

Enquiry type

sale

ID

PLOT-EAST-06-26

Price

€ 320,000

Price per m²

337 €/sq.m.

Type

Investment

Property Details

Area

950 m²

Levels

1

Zone

Residential zone

Orientation

West

Slope

Plane

Road type

Asphalt

Construction Details

Coverage ratio

20%

Building coefficient

30

Property features

Facade

Location on the map

Parekklisia, Center