Land for sale
Kato Polemidia, Limassol, Cyprus
£11,317,141 *
[€13,000,000]
Full Description
Development Land for sale in Pano Polemidia area, Limassol. The property is situated close to plethora of amenities, such as kindergarten, restaurants, pharmacy and sports enter. In addition, close to the plots location, there will be a couple of large infrastructure projects.
Land for sale in Pano Polemidia area, Limassol. The asset corresponds to an area of 9.679 sqm in total - 3327m2 net (after deducting roads & green area). It has regular shape & falls within planning zone Ka8, with density of 60%, coverage of 35% and the ability to build up to 10 meters (2 floors). Access is via registered road.
The property is suitable for construction of a commercial building, clinic, school, sporting centre with 100+ parking spaces, very large open plan spaces, plus basement parking & roof terrace. Projected Annual Rental Yield: 7.15%.
It is noted that for the land there are architectural plans for a commercial building.
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