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Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.5
Density: 1
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Commercial: 0.2 Km
Tourist: 4.83 Km
Industrial: 2.97 Km
Agricultural: 2.16 Km
Farm: 7.19 Km
An exceptional development opportunity in the highly sought-after Tsirio area of Limassol.
The property consists of a 561m² residential plot with 100% building density, offering excellent potential for developers, investors, or owner-occupiers looking to maximize the site's value.
Ideally located with easy access to the highway and within walking distance of major roads, shops, schools, services, and all everyday amenities.
The plot currently features an existing building of approximately 300m² comprising:
* Ground-floor shop
* One 2-bedroom apartment
* One 3-bedroom apartment
* Existing permit for the construction of an additional floor
This creates a unique opportunity to either:
* Renovate and utilize the existing structure while developing the remaining land, or
* Demolish the current building and construct a modern residential development maximizing the available density.
Key Features:
* Plot size: 561m²
* Building density: 100%
* Existing building: approx. 300m²
* Permit for additional floor
* Walking distance to amenities
* Easy highway access
* Suitable for residential or mixed-use redevelopment
* Not subject to VAT
A rare opportunity in one of Limassol's most established and high-demand locations.
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 8863142. 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.