New For Sale €465,000 Land (Residential) Psematismenos Larnaca

Information from owner
Plot with title deed, area 7,227 sqrm, in the area of Psematismenos within Larnaca district. The land characteristics are: within planning zone H 3, has a build coefficient of 60.000% with covered coefficient of 35.00%, maximum building permissible height 8.30 meters, and maximum number of floors 2. Τhe land area is 7,227 square meters. After getting relevant permits from the local authorities, you can build a building of total area 4,336 sqrm. The value of this investment comes to € 107 per square meter of covered area. Walking distance from: bank, pharmacy, hair dresser, corner shop, bakery, park. 5 minutes from: nursery, primary school, supermarket, childrens play area, Church, beach. The type of road leading to the property is tarmac secondary road. The property has VAT. This Plot has title deed ready. Residential plot in the community of Psematismenos in Larnaca District. It is located in a close proximity to the community center, approximate 1km south from the Limassol - Nicosia highway and approximate 100 meters west of Psematismenos – Choirokoitia connection road. Within the plot there is an incomplete development that on the northwest part consists of fenced swimming poll area with kiosk and a basement area with total area of approximate 200sqm. The basement consists of toilets changing rooms, shower with toilets boiler room and storage area. In addition, on the southeast part there are 5 incomplete houses with total area of 525sqm. The houses are on the structure construction stage where the only part of the reinforced-concrete structure is completed construction works started on 2012. According to the building permits layout the project will consist of a restaurant with kiosk and swimming pool and 14 houses in total. The project erected on a large plot with total area of 7,227sqm and with a total road frontage of about 60 meters. It is noted that the property has a sea view. It is considered as an appealing opportunity choice due to is locality. They are situated between Nicosia, Limassol and Larnaca districts and it is in close proximity to the highway which is considered as an important advantage.

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