Prime location land 500m From the Sea Potamos Germasogia Limassol
Archived / EUR 8.500.000
77775070
or +357 95598488
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.