Residential Plot 528 m²
An exceptional investment opportunity in one of Limassol's most sought-after central locations. This prime 528m² residential plot is situated in the highly desirable Katholiki area, offering excellent development potential for a residential apartment project.
A planning and building permit application has already been submitted and is currently pending approval, allowing the new owner to move the project forward with valuable time already saved.
Property Details
✅Plot Size: 528m²
✅Planning Zone: Κα3
✅Building Density: 140%
✅Coverage Ratio: 50%
✅Maximum Floors: 4
✅Maximum Height: 17m
✅Flat, regular, and smooth surface
✅Excellent central location with easy access to all amenities
Investment Advantage
✅The property is owned by a single-purpose company with no liabilities. The sale can be completed through a share transfer, offering significant savings as no VAT and no property transfer fees are payable (subject to purchasers obtaining their own legal and tax advice).
✅This is an outstanding opportunity for developers and investors seeking a centrally located plot with excellent development parameters and a tax-efficient acquisition structure.
✅Price: €1,050,000
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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