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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: 0.78 Km
Tourist: 3.38 Km
Industrial: 2.34 Km
Agricultural: 3.29 Km
Farm: 8.58 Km
Located in the heart of Kapsalos, this 524 sq.m. development land offers a fantastic investment opportunity. The property currently features a building with two units: a ground-floor and an upper-floor residence, each comprising three bedrooms, including a master with an ensuite shower, a family bathroom, a guest toilet, and spacious living areas with separate kitchens and dining spaces.
With 50% coverage and 120% density, this plot allows for the development of up to 630 sq.m. of covered areas, spread across three floors. Just 100m from main roads, close to amenities, and only 2km from the beach and Limassol Marina, this property is ideal for commercial or mixed-use development in a highly sought-after location.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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