Prime location land 500m From the Sea Potamos Germasogia Limassol

Archived / EUR 8.500.000
77775070
or  +357 95598488

Property ID:
VL8160
Office Code:
38KYGA
Type:
Land / Plot
35
1
327
Area:
Potamos Germasogias
District:
Limassol
Plot Size:
7.782 m2
Land Type:
Residential
Energy Rating:
C
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DESCRIPTION

This perfectly located land in the heart of the Potamos Germasogias tourist area has just come available for sale. This plot is ideal for the construction of a high rise tower especially as at the moment the Goverment following the correct application usually grands licences for such high buildings.


According to the Limassol local plan this particular plot of land falls within the T1b building zone (Tourist orl/housing construction). The following are the allowances of the land before any applications for more floors/covered meters etc.


60% building coverage density


25% land coverage


13.5m height


3 floors

It is very well known that the government encourages multistorey developments with extra co-efficients via derogation of the town planning rules. The above zones and their co-efficients are the starting basic co-efficients. A lot more can be achieved with this land because of its direct location on a commercial road and its proximity to the sea and its location within a tourist zone.

MAIN PROPERTY FEATURES
For Investment  
Near the Sea  
MAP
This land / plot in Potamos Germasogias, Limassol is being offered archived at EUR 8.500.000.

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