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390 SQM Commercial Plot
Mesa Gitonia, Limassol

€750,000  ($864,341)

VAT Applicable not included in the price
LifeRealty

LifeRealty

Reg. No: 1234 / Licensed No: 603/E

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Compared currency flag Pay in USD and save up to $30,252

Average Bank Rate (€750,000)
1 USD = 0.8384 EUR
$894,593

Mid-market rate (€750,000)
1 USD = 0.8677 EUR
$864,341

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 (ΕΒ4)

Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.41 Km

Commercial: 0.49 Km

Tourist: 2.55 Km

Industrial: 1.59 Km

Agricultural: 3.59 Km

Farm: 8.15 Km

Key features

  • Listing ID: 8765448 (3321)
  • Plot: 390 sqm

Description

We present this prime mixed-use building plot with approved planning, building, and demolition permits, ideally located in the vibrant Mesa Geitonia area of Limassol. Situated on a busy commercial street, the property offers excellent visibility and accessibility, surrounded by banks, shops, restaurants, schools, and all essential amenities.

According to local town planning regulations, the plot falls within the Εβ4 commercial zone, with a building density of 140% and coverage of 50%, allowing for the development of up to a five-floor building with a maximum height of 17.5 metres.

The property is offered with approved permits for the development of a four-floor mixed-use building. The proposed project comprises a ground-floor shop with an internal covered area of 37 m², three whole-floor 3-bedroom apartments, each offering 119 m² of internal covered area and 15 m² of covered verandas, and a spacious top-floor 1 bedroom apartment with an internal area of 68 m², a 28 m² covered veranda, and a 27 m² uncovered veranda.

With all necessary permits in place and strong development potential, this plot represents an outstanding investment opportunity for developers and investors seeking a ready-to-build project in one of Limassol’s most sought-after commercial and residential locations.

Building Specifications:

Ground Floor Shop:
- Covered Area: 37m2

Firtst Floor:
3 Bedroom Apartment:
- Covered Area: 119m2
- Covered Veranda: 15m2

Second Floor:
3 Bedroom Apartment:
- Covered Area: 119m2
- Covered Veranda: 15m2

Third Floor:
3 Bedroom Apartment:
- Covered Area: 119m2
- Covered Veranda: 15m2

Fourth Floor:
1 Bedroom Apartment:
- Covered Area: 68m2
- Covered Veranda: 28m2
- Uncovered Veranda: 27m2

Contact us today for detailed information.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8765448. 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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