705m² Plot for Sale in Limassol – City Center

Limassol - City Center, Limassol district Posted 3 years ago Updated 5 months ago

705 m²Covered area

705 m²Plot

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Smart Assets Agency · Reg. 1109 · Licence 317/E 2,126 for sale · 2 for rent

About this home

Reference ID: #SA31839Price details: €2,000,000Commercial property / corner plot on Makarios Avenue with an old building in the plot and therefore no vat applies. There is immense potential and it is a corner plot as well.Size: 705 m2Building Density: 180%Coverage Ratio: 50%Incentives for extra density:63m2 for Photovoltaic190m2 if 20% of the building is residential254m2 transfer from listed buildingsNO VAT

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Reference: SA31839
Property type: Land and Plots
Plot area: 705 m²
Heating: Yes
Energy sources: Photovoltaic Solar Panels
Building density: 180%
Coverage ratio: 50%

What it will really cost

Is this your first home in Cyprus?Reduced 5% VAT applies to the first 150 m² of your main residence.

Asking price€2,000,000

VAT at reduced 5%€320,426

Title transfer fee None

Estimated total€2,320,426

Mortgage estimate

Deposit Interest rate Term

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Price historyListed 19 Oct 2023

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Location

Limassol - City Center, Limassol district

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Schools

IMS Private School0.2 km
school0.3 km
"The Near Mouth Sharps" Nursery School0.3 km
American Academy Limassol0.3 km
American Academy Boarding School0.3 km

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Shopping

Gaia Organic Food Store, 26D Petrou Tsirou str. | Limassol0.3 km
Wolt Market Limassol Central0.4 km
SKLAVENITIS Peter and Paul0.5 km
MMS No 15 - Mini Mall Stores0.5 km
Farmhouse Mini Market0.5 km

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Airports

Paphos International Airport49.6 km
Larnaca International Airport (LCA)56.5 km

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