Large land with approved building permission near the beach
For Sale / EUR 4.200.000
This is a piece of land for sale with approved building permission to construct the project analysed below and as shown in the pictures. Construction and sales can start immediately , which gives this property a unique advantage. Professionally designed brochures are also available in order to kick start marketing without any delays. In addition, since an SPV is for sale it is not subject to VAT or transfer fees, which represents a huge saving for investors.
This exceptional piece of land is located across the street from Park Land hotel, with sea views. It is situated in the seafront part of ‘cosmopolitan’ Pyrgos area of the (Limassol) district, in the Aoratoi beach, a beach of particular natural beauty and an unusual coastal character, which is flanked by prestigious hotel accommodation and blue flag beaches, including St Rafael Hotel and Marina, Hawaii Grand Resort, Elias Beach Hotel, Park Lane hotel and the up coming Sofitel Hotel and Resort.
Description of the proposed project: Comprised of five (5) boutique residences of four bedroom and one maids’ quarters, each one with a large plot of approximately 900sq.m. These residences enjoy an unmatched setting with stunning sea views across the Mediterranean. All residences are south facing and offer uninterrupted views to the sea from East to West and provide large south facing covered verandas. Inspired by Nature. Designed for Distinction.
Main Advantages include:
• Scenic Panoramas – Sea Views for Life • Inspired Architecture
• Local Colour – A tranquil neighbourhood with authentic, welcoming people
• Prime Destination – A global haven offering a unique lifestyle
• Near elegant restaurants and sophisticated casual eateries, and 8 minutes driving to International private schools
• EPC Certificate – Energy Performance Certificate A’ rating
The land falls within the building zone is Ka11 which allows 20% building density, 15% building density and 2 floors to be built.