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LARGE PIECE OF LAND IN MONAGROULLI 27.640M2. APPROVED PLANS FOR (20 BUILDING PLOTS)

for sale in Limassol, Monagroulli

Publish: 24 Jun 20, views: 48

Price:  €1.200.000 (negotiable)

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Size (m²)27640 sqm
Plot typeResidential
Price €1.200.000 (negotiable)
Information from owner
An excellent plot of land of 27,640m2, that can be divided into 20 separate plots, which in turn generate the capacity to build about 5528 square metres of covered areas.

The land is located at Monagroulli village area, and it is about 20 kilometers from the city of Limassol. Monagroulli is a picturesque village found in Limassol District and placed in the East of the town only 15 minutes from its center. The village has approximately 700 residents, most of them working in the town of Limassol, some work in the nearby industries and very few are farmers. Monagroulli is a peaceful village with two local cafes, a grocery/supermarket, a cooperative bank, a children’s playground and two playing fields for football and basketball. The village hosts the regional Elementary and kindergarten schools that houses students from three nearby villages. A wedding hall also is found in the area.

It has an easy and very close access to the main Limassol-Nicosia motorway. This is a rare investment opportunity in order to divide a large piece of land into smaller plots and then trade it piece by piece. Based on a private study, attached below, 20 large plots between 750-1795 square metres may be developed.

The area is close to the city of Limassol and it is connected to the main road network. The surrounding area is ideal for peaceful living residences and has experienced tremendous growth over the last decade since it combines peace and tranquility and a green environment on one hand and easy access to the city. The value of land has been increasing rapidly in recent years in the area, and demand is relatively high. It is expected that the current trend will continue within the next decade or so.

This is an overall excellent investment opportunity that can deliver a high return on investment to any interested potential buyer.

Characteristics:
Building Zone:H6 ~ Construction Coefficient: 20% ~ Percentage of Area: 100% ~ Coverage:20% ~ Floors:2 ~ Height:8.3

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