You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Pay in USD and save up to $42,034Description: 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)
Residential: 0.32 Km
Commercial: 0.28 Km
Tourist: 3.6 Km
Industrial: 2.75 Km
Agricultural: 4.14 Km
Farm: 8.89 Km
Presenting this prime residential plot spanning a total area of 527 m², ideally located in the Apostolou Petrou kai Pavlou area of Limassol. Enjoying excellent accessibility, the property is situated on a prominent road, less than 5 minutes from both the highway and Limassol city centre, while remaining close to all essential amenities.
The plot falls within the Κα4 residential zone, offering a building density of 120% and coverage of 50%, allowing for the development of a three-storey building with a maximum height of 13.5 metres.
The property currently includes a two-floorbuilding comprising two spacious 3-bedroom apartments. The new owner has the option to construct an additional floor, subject to the relevant planning approvals, or demolish the existing building and develop a brand-new residential project.
This represents a unique opportunity for developers, investors, or end-users seeking a property with significant redevelopment potential in one of Limassol's most well-connected and desirable residential areas.
Contact us today for further information.
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 8898019. 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.
