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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1.2
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Commercial: 0.38 Km
Tourist: 3.61 Km
Industrial: 2.84 Km
Agricultural: 4.04 Km
Farm: 8.81 Km
Presenting this prime residential plot spanning a total area of 534 m², located in the Apostolou Petrou kai Pavlou area of Limassol. Ideally situated just 5 minutes from both the city center and the highway, the plot benefits from excellent accessibility and a registered road frontage, providing convenient access to all essential amenities.
The plot falls within a residential planning zone with a building density of 120%, allowing for the development of a three-floor building with a maximum height of 13.5 meters.
Two semi-detached houses are currently situated on the property, offering potential for redevelopment. This represents a unique investment opportunity for developers and investors seeking to develop a residential project in one of Limassol’s most central and desirable neighborhoods.
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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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