€2,500,000 $2,602,960
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $91,104Planning Zone
Residential (ΠΑ7)
Description: Core And Continuous Structure Areas (Περιοχες Πυρηνων Και Συνεχους Δομησης)
Coverage: 0.7
Density: 1.6
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of The Central Area Of Limassol (Σχεδιο Περιοχης Κεντρου Λεμεσου)
Nearby planning zones
Residential: 0.15 Km
Commercial: 0.55 Km
Tourist: 2.63 Km
Industrial: 2.71 Km
Agricultural: 5.14 Km
Farm: 9.31 Km
Key features
- Listing ID: 1609949 (27445)
- Plot: 1188 sqm
Description
An exceptional opportunity to acquire three adjacent residential plots in the highly desirable area of Agia Trias, located in the heart of the city center. Spanning a combined total of 1,188 sq.m., these plots offer impressive building densities of 140% and 160%, making them ideal for mixed-use development, combining both commercial and residential projects.
Notably, one of the plots includes a listed building, adding historical value and unique restoration or integration potential to any development project.
Strategically situated just a short walk from the beach, Old Town, vibrant shopping streets, and major amenities, this prime location provides unparalleled convenience and accessibility. The plots are also within close proximity to bus stops and highway access, further enhancing their appeal.
A planning permit application was submitted in October 2023, paving the way for future development.
This opportunity is perfect for developers seeking a lucrative investment in one of Limassol’s most sought-after locations. Contact us today to explore the potential of this prime property!
Buying expenses
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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