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Description: Special Area (Ειδικη Περιοχη)
Coverage: 0.5
Density: 1.6
Height: 20.5 meters
Allowed stories: 5
Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)
Residential: 0.84 Km
Tourist: 4.85 Km
Industrial: 0.53 Km
Agricultural: 3.4 Km
Farm: 10.26 Km
Located neat to the beach, in between Marina Limassol and New Port, this commercial plot parcel holds an Εβ3 development zone, with an extent of 554 square meters. The commercial plot zone offers a 160% building density ratio, and 50% coverage ratio, with a maximum height of 20.5 meters and 5 floors.
An ideal investment offer, that allows the development of the commercial building, either for private use or for letting purposes taking into advantage of the high demand for commercial space that exists in the district of Limassol.
The commercial plot location is in range of all types of services and amenities that are essential to the development, ranging from banks, local businesses, public transportation, parking areas, restaurants, cafes, and much more.
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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