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(Share) Residential Field 4850 m²

Limassol, Pyrgos Lemesou
Posted: Yesterday 18:11 Ad ID: 6417510
(Share) Residential Field 4850 m²-1 (Share) Residential Field 4850 m²-2 (Share) Residential Field 4850 m²-3
  • Reference number: SF2350044
  • Share: Yes
  • Density: 30
  • Coverage: 20
  • Land type: Field
  • Plot area: 4850 m²
  • Plot Type: Residential
  • Postal code: 4529
  • Parcel number: 686
  • Planning zone: H5
  • Registration block: 0
  • Square meter price: €103 /m²
  • Registration number: 14295
Location: Limassol — Pyrgos Lemesou
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PYRGOS

A 50% share of a building plot is available for sale in Pyrgos, Cyprus.

The property concerns a divided residential parcel where the seller holds the right-hand (green) portion.

The remaining 50% is owned by another co-owner, with existing signed distribution agreement in place.

The land is suitable for residential development and investment purposes.

- Location: Pyrgos

- Half share (50%) of a registered plot with existing distribution agreement

- Seller holds the right-hand (green) section as per partition plan

- Other 50% owned by a private co-owner

- Road frontage of approximately 60 meters

- Building density (Factor): 30%

- Coverage ratio: 20%

- Zoning: Pure residential use

- Suitable for investment, developers, or residential development

- Clear title deed available for the entire parcel (shared ownership structure)

- Clause in partition agreement allows boundary adjustment if required by restrictions to maintain equal 50% net ownership

- Property is considered even and buildable

- Potential for development planning or future subdivision discussions

- VAT exempt based on confirmation from the tax department

- Co-owner side has expressed intent to proceed with subdivision, while the seller prefers not to engage further in development processes

- This property offers a structured opportunity within an established shared ownership framework.

- The frontage and zoning parameters support viable residential development potential.

- Clear legal documentation and partition agreement are already in place.

- An ideal option for buyers seeking land with defined ownership rights in Pyrgos.

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