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Coverage: 0.7
Density: 1.4
Height: 8.3 meters
Allowed stories: 2
Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)
Commercial: 0.29 Km
Tourist: 3.28 Km
Industrial: 2.17 Km
Agricultural: 4.91 Km
Farm: 10.14 Km
Prime Development Opportunity Historical center of Limassol.
PROJECT WITH CONSTRUCTION LICENSE.
READY TO DEVELOP. FOR PROFESSIONAL BUYERS.
Presenting an exceptional investment opportunity: two connected residential plots totaling 630 square meters, situated in the prestigious Agias Triadas district of Limassol Municipality.
Positioned just 200 meters from the coastline and within walking distance to Molos Promenade, Limassol Marina, the Castle, and the vibrant commercial streets of Gladstonos and Anexartisias, this location offers unparalleled access to the city's most desirable amenities.
Property Specifications
• Located in the heart of Limassol's Old Town
• Total buildable area: up to 970 sq. meters
• Building density: 140% | Coverage ratio: 70%
• Maximum permitted building height: 12.5 meters (three floors)
• Includes a 140 sq. meter listed building eligible for significant government grants and financial incentives, including rental income tax exemptions.
This distinguished property presents a rare opportunity to develop a premium residential project in one of Limassol’s most sought-after districts. The blend of strategic location, development capacity, and fiscal advantages makes it a compelling proposition for investors and developers focused on high-end residential construction.
Planning and building permits are available upon request.
Additional architectural drawings and documentation can be provided upon inquiry.
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 8946913. 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.
