For Sale €2,200,000 - Plot-Residential
residential plot of land at Germasogia (between Sfalagiotissa and Paniotis area) which has a planning permit (issued on September 2022) with the division into two plots
The property – plot is at Planning Zone Κα7 (80% density, coverage 45% in 3 floors – residential) and according to the planning permit two plots are created (a) plot 1 of an area of 802 sqm and (b) plot 2 of an area of 5.207 sqm. architectural plans are prepared for (a) 1 building of 7 flats at plot 1, and (b) 3 buildings of 54 flats at plot 2. These plans are ready for submission for permit.
The plot is affected by a future road which will start from the German Oncology Center and Foleys School and lead to Kolonakiou avenue. This part of the road (showed at the planning permit plan) will be left for the Government to construct (it will not be done by the owner).
The property is situated at a quiet and pleasant physical environment with no traffic.
PLOT AREAS
PLOT 1 802 sqm
PLOT 2 5.207 sqm
TOTAL AREA OF PLOTS 6.009 sqm
DENSITY (80%) is 4.807 sqm plus 25% covered verandas 1.202 sqm (Grand total of sellable area: 6.014 sqm).
PROPOSED DEVELOPMENT
PLOT 1 7 FLATS (4 2bed, 2 1bed & 1 3bed)
PLOT 2 54 FLATS (36 2bed & 18 1bed)
