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872 SQM Commercial Plot
Katholiki, Limassol

€2,850,000  ($3,286,708)

REMAX Cyprus

REMAX Cyprus

Reg. No: 758 / License No: 410/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $115,035

Average Bank Rate (€2,850,000)
1 USD = 0.8378 EUR
$3,401,743

Mid-market rate (€2,850,000)
1 USD = 0.8671 EUR
$3,286,708

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΒ3)

Description: 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)


Nearby planning zones

Residential: 0.09 Km

Tourist: 3.36 Km

Industrial: 2.1 Km

Agricultural: 4.44 Km

Farm: 9.95 Km

Key features

  • Listing ID: 8798513 (480031017_1942)
  • Plot: 872 sqm
  • City Center, Near Shops, On Busy Road, Residential, Near Hospital, Near Schools

Description

An exceptional investment opportunity in the highly sought-after Katholiki District, located in the vibrant city centre of Limassol, Cyprus. This premium plot offers outstanding development potential in one of Limassol’s most strategic and rapidly growing urban areas. Positioned near Navarinou Street and attached to three roads, the property benefits from excellent accessibility, high visibility, and strong future value appreciation.
54% of the total area (470sqm) falls within the Zone Πα7 with the following characteristics:
-Building Density: 160%
-Building Coverage: 70%
-Maximum Floors: 3
-Maximum Height: 13.5 m
46% rest of the area falls within the Planning Zone Παβ9 with the following characteristics:
-Building Density: 140%
-Building Coverage: 70%
-Maximum Floors: 2
-Maximum Height: 10 m
Highlights:
-Prime central location near Navarinou Street
-Attached to three roads for enhanced accessibility and visibility
-Suitable for residential or mixed-use development
-Excellent investment opportunity with strong capital growth potential
-Located in a rapidly developing area of central Limassol
-High development potential with substantial allowable density
-A few minutes from the Sea and Limassol Marina
This plot is ideal for residential or mixed-use development, making it an attractive option for investors and developers seeking a prime city-centre project with significant capital growth potential.

Call us today to arrange a viewing or for further information!!

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Buying expenses

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.

Transfer fees
If buying as an individual
€110,600 ($127,547)
If buying on joint names
€107,200 ($123,626)

Disclaimer - Property reference 8798513. 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.

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