PANORAMIC SEA VIEW RESIDENTIAL DEVELOPMENT LAND FOR SALE IN THE SOUGHT AFTER LOCATION OF AGIOS TYCHONAS

  • Agios Tychon, Limassol
  • Ref: 27737
€4,800,000+VAT
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Property details

  • Property type: Development Land
  • Plot area: 6,350 m²
  • Title deed: Yes

Planning zones

Zone Cover factor Build factor Max height Max floors Affected percentage
h5 & 30% 20% 8.3 m 2 -

Property description

The specific plot has a planning and division permit for 6 plots (the division permit is ready to be issued, and the fees have been paid.
Additionally, 340 sqm has been transferred from another plot to reduce the required green area from 15% to 10%. External and internal boundary delineation works have been completed and a certificate from the land registry department has been received for the completion of works.
The plot borders another plot on its northern side, which has a building density of 30% on one half and 50% on the other half. Therefore, it is anticipated that, with the upcoming zone changes, its building zone will be modified to exceed 30%. The plot has a registered road, is mostly level, and due to its morphology, it will always offer unobstructed sea views because of its elevation relative to neighboring plots.
The entire plot is for sale at the price listed, alternatively, open to selling at least 3 plots (either plots 4, 5, & 6 or plots 1, 2, & 3) at half the price. In this case, the sellers will cover the cost of dividing the plots from the advance payment received.

Features

  • Connected to electric mains
  • Easy access to highway
  • Easy access to main roads
  • Elevated
  • Investment opportunity
  • Municipal water/sewage
  • Near bus route
  • Panoramic view
  • Prime land
  • Quiet area

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