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Description: Residence (Κατοικια)
Coverage: 0.25
Density: 0.4
Height: 8.3 meters
Allowed stories: 2
Development description: Policy Statement (Excluding Area 10) (Δηλωση Πολιτικης (Χωρ. Περιοχη 10))
Commercial: 1.02 Km
Tourist: 13.18 Km
Industrial: 2.54 Km
Agricultural: 2.22 Km
Farm: 2.85 Km
Introducing this residential field situated in the Kolossi area of Limassol, covering a total area of 11,178 m². Ideally positioned just 5 minutes from the highway and approximately 20 minutes from Limassol city centre, the property benefits from a registered road frontage, ensuring easy and direct access.
The project has submitted a Planning Permit application, which is expected to be issued soon. Based on the current plans, the total building coefficient is approximately 3,950 m², with a total sellable area of approximately 5,300 m². The proposed development relates to 12 houses and 29 apartments.
The field falls within the H4 residential planning zone, with a building density of 40% and a coverage of 20%, allowing the construction of two-story buildings with a maximum height of 8.3 meters.
This property offers a rare and valuable opportunity for investors and developers seeking to develop a residential project in a rapidly growing, well-connected area of Limassol.
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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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