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Pay in USD and save up to $56,611Description: Commercial And Other Central Functions Area (Ζωνη Εμπορικων Και Αλλων Κεντρικων Λειτουργιων)
Coverage: 0.5
Density: 1.6
Height: 20.5 meters
Allowed stories: 5
Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)
Residential: 0.25 Km
Tourist: 2.79 Km
Industrial: 2.68 Km
Agricultural: 4.89 Km
Farm: 9.31 Km
An excellent opportunity to acquire a residential plot in the sought-after Katholiki area of Limassol. This property is ideal for developers or investors looking for a ready-to-build project, as it comes with approved architectural plans and building permits already in place, saving both time and upfront costs.
The plot falls within the Ka3 residential planning zone, offering a building density of 140% and allowing for up to 4 floors, making it perfect for the construction of a modern apartment building or a high-yield residential development.
Located in a well-established neighborhood, the property benefits from easy access to the city center, key amenities, schools, shops, and main road networks, ensuring strong demand for residential units in the area.
This is a turnkey development opportunity in one of Limassol’s most convenient and continuously growing residential districts.
Key Features
Prime location in Katholiki, Limassol
Building permits already issued
Approved architectural plans included
Residential zone: Ka3
Building density: 140%
Maximum floors: 4
Ideal for apartment development
Easy access to amenities and main roads
1. Are the building permits already approved?
Yes, the property comes with fully approved building licenses, allowing immediate commencement of construction.
2. Are architectural plans included in the sale?
Yes, approved plans are included, which significantly reduces preparation time and costs.
3. What can be built on this plot?
The Ka3 zoning allows for residential development, such as an apartment building, with up to 4 floors.
4. What does the 140% building density mean?
It means you can build total covered areas up to 140% of the plot size, maximizing development potential.
5. Is the area suitable for investment?
Yes, Katholiki is a well-established and centrally located area with strong rental and resale demand.
6. How soon can construction begin?
Construction can begin immediately after purchase since all permits and plans are already approved.
7. Is the plot close to amenities?
Yes, it is conveniently located near schools, shops, services, and main transport routes.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 8499985. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.
