Land in Fasoula, Limassol, No. 46859

Property description

This development offers a complete package including land, design work, and approved permits, representing a ready-to-progress investment opportunity. The project covers a plot area of 5,867 m² with a building density of 60% and a coverage ratio of 35%, resulting in an approximate net building coefficient of 2,650 m² plus covered verandas.

All key preliminary works have been completed, including topographical surveying, a full geotechnical study, architectural drawings for the development of nine villas and five apartments, as well as a brochure, technical specifications, 3D renders, and a feasibility study. Planning permits for both land division and development have been approved, while the building permit for land division and road construction has been submitted and is currently awaiting approval. The building permit for the development itself has not yet been prepared or submitted.

The seller’s obligations include completing the issuance of both planning permits, settling all consultant invoices up to the planning permit stage, and delivering all completed studies and documents to the purchaser.