Land in Paramytha, Limassol, No. 54323

Property description

For sale: a 3,982m² residential land plot in Paramytha with a division permit in place. The property features a building factor of 90 and a coverage ratio of 50%, allowing for maximum building height of 8.3 meters. The plot has a density allowance of 40%, suitable for various residential developments. Current planning zones include Η2 (88% affected) with density 0.9 and Η4 (12% affected) with density 0.4, both permitting two floors and 8.3 meters height. Plans for 12 modern townhouses have already been submitted for a planning permit, making this an excellent opportunity for developers or investors looking to capitalize on a prime residential area with flexible zoning and development potential.
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