Residential Plot For Sale In Paniotis Area ( 1079 Sq.m)

This large really privileged residential plot 1079 sq. m is situated in an entirely new residential area known as Paniotis Hills with a lot of ongoing projects with luxury villas and advanced development. This magnificent plot boasts superb unobstructed sea and mountain views due to its high area elevation and its location is established as one of the most prestigious residential areas in Limassol where a lot of luxury villas are built. The property abuts on an asphalted wide road and has easy access to the highway and all the amenities and facilities. The subject real estate falls within the Ka8 planning zone which at the time of listing allows 60% of build density,35% build cover,2 maximum floors and 10 meters maximum building height allowing the development of luxury villas or maisonettes. The plot is covered by all utility services like water, electricity, and telecommunications and also Title Deeds are available and are free of any mortgages. Due to urgent sales, the price of the property has been reduced much less than its real market value and without a single shadow of a doubt, it consists of an excellent, unique and secure investment opportunity even for individuals or Investors and Land Developers.

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