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Plot for sale in Panthea area of Limassol with approved planning permits

for sale in Panthea, Limassol

Created: Today at 01:09, views: 397

Price:  €490.000

Size (m²)535 m²
Plot typeResidential
Listing ID:VL50512
Price €490.000
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Information from owner
537 m Residential Plot with Planning Permits Sea Views in Panthea Limassol For Sale An exceptional opportunity to acquire a 537 m residential plot in the highly sought after area of Panthea Limassol. Positioned in an elevated location the property boasts unobstructed panoramic sea views making it ideal for both private residence development and investment projects. Plot Features Type Residential Size 537 m Planning Zone Κα7 Building Density 80 Coverage 45 The plot is sold with approved planning permits for a modern residential development consisting of 3 high quality units designed to maximize living space and sea views. 1 x 2 Bedroom Basement Unit Internal Covered Area 137.21 m External Covered Area 35.24 m Total Covered Area 172.45 m Common Area 53.07 m Storage Room 8.82 m 2 x 3 Bedroom Duplex Units with Roof Garden Internal Covered Area 147.58 m External Covered Area 44.93 m Total Covered Area 192.51 m Common Area 53.07 m Storage Room 2.28 m Roof Garden 45.57 m Key Highlights Elevated position with panoramic unobstructed sea views Full planning permits in place ready to build immediately Just 800 meters from The Grammar School High School making it a prime choice for families Flexible investment Ideal for developing and reselling or for creating a private residence with multiple living units Situated in Panthea one of Limassol s most desirable residential areas with quick access to the city schools and the highway This plot is subject to VAT however there is the option to purchase the Cyprus company shares that owns this plot and therefore that will not be subject to VAT.
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