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Pay in USD and save up to $104,499Description: 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: 0.19 Km
Tourist: 3.52 Km
Industrial: 2.08 Km
Agricultural: 4.46 Km
Farm: 9.68 Km
An outstanding development opportunity in a highly sought-after central area of Limassol. The offering comprises two adjoining residential plots with a combined land area of 604 sq.m., providing excellent potential for a boutique residential or mixed residential investment project.Located within the Eb3 planning zone, the property benefits from a 160% building density, 50% coverage, and permission for up to 5 floors (20.5m), making it ideal for apartment development in an area with strong demand and excellent connectivity to the city centre and key amenities.Key FeaturesTwo adjoining residential plotsTotal land area: 604 sqmEb3 Planning Zone160% Building Density50% Site CoverageDevelopment potential: Up to 5 floors / 20.5m heightSuitable for residential apartment development
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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