€ 1,400,000

Property Details
  • Property Refrence: 4720
  • Agent:
  • Property Type: Finca
  • Property status: Sales
  • Property Price: € 1,400,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Built: N/A
  • Country: Cyprus
  • Region: Limassol
  • City: Agios Tychon
Description

Residential land of 2,700 m² (net after road deduction) with 30% Building Density, asphalt road frontage, and all utility services available. Title deed is ready for immediate transfer. Due to the natural terraced topography ("platos"), a developer can design the project to maximize usable space by incorporating basement areas that open at ground level onto the lower terrace, potentially creating substantial additional floor area beyond the permitted building density (subject to planning regulations). The elevated topography also ensures that the future properties will enjoy permanent, uninterrupted views. There is a pending planning permission application for the development of 8 apartments, offering an opportunity for a buyer to continue the planning process and potentially accelerate the project's timeline.