€ 320,000
Residential Plot in Eastern Limassol with Plans and Building Permit for 2 Houses
#PLOT-EAST-06-26
Parekklisia, Center
950 m²
Rita Meshiti
Contact / MESHITI REAL ESTATE AGENCY | MESHITI RITA -Reg.No. 904/LIC No. 450
Description
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