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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)
Residential: 0.37 Km
Commercial: 0.11 Km
Tourist: 3.6 Km
Industrial: 2.04 Km
Agricultural: 4.38 Km
Farm: 9.61 Km
Presenting this prime residential plot with an issued planning permit and architectural plans, spanning a total area of 530 m² and offering a net buildable area of 825 m², ideally located in the Katholiki area of Limassol.
This exceptional property enjoys excellent connectivity, being just 5 minutes from both the highway and the beach. It benefits from registered public and private road access, ensuring convenient and direct entry.
This is a unique opportunity for developers and investors seeking a ready-to-develop project in a highly desirable location. The plot is offered with an issued planning permit for a 4-floor residential building comprising 11 apartments, including 6 two-bedroom apartments, 3 one-bedroom apartments, and 2 three-bedroom penthouses, each with a private roof garden.
The property falls within the Kα3 residential zone, with a building density of 150% and coverage of 50%, providing excellent development potential.
The plot is offered through the acquisition of shares in the holding company, presenting additional advantages for potential investors.
This fully prepared development opportunity represents a compelling investment in one of Limassol’s most sought-after residential areas, combining a prime location with a ready-to-build residential project.
Apartments Specifications:
- Covered Internal Areas: 47m2-111m2
- Covered Verandas: 15m2-33m2
- Roof Garden: 42m2-45m2
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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.
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