Investment Opportunity
Plot With Building Permits For Sale In Mesa Gitonia Limassol
Limassol, Mesa Geitonia
€750,000
+VAT
Overview
Reference 5994
Plot:390m²
An excellent investment opportunity to acquire a 390 sq.m. commercial corner plot in the highly desirable area of Mesa Geitonia, Limassol.

Property Details:

* Plot Area: 390 sq.m.
* Corner plot with approximately 38m total road frontage:

Development Status:

All major permits have been secured, including:

* Demolition permit for the existing building
* Planning permit and plot division approval
* Building permit for a 4-storey mixed-use development comprising:

* Ground-floor retail shop (37 sq.m. internal area with 1 covered parking space)
* Three whole-floor 3-bedroom apartments (119 sq.m. internal area, 15 sq.m. covered verandas, and 1 covered parking space each)
* One top-floor 1-bedroom apartment (68 sq.m. internal area, 28 sq.m. covered veranda, 27 sq.m. uncovered veranda, and 1 covered parking space)

Location:

* Frontage on Archiepiskopou Makariou III Avenue
* Approximately 540m west of the 10th Primary School
* Approximately 370m south of Spyrou Kyprianou Avenue

Planning Zone:

* Commercial Zone: Εβ4
* Building Density: 140%
* Coverage Ratio: 50%
* Maximum Floors: 4
* Maximum Height: 17m

A rare opportunity to acquire a fully permitted commercial plot in one of Limassol's most established and sought-after locations, offering immediate development potential.

Contact us for more details.
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
Residential 50% 140% 17 m 4
Features
Corner
Easy access to highway
Easy access to main roads
Heart of city center
Investment opportunity
Near amenities
Near bus route
Prime land
Distances
Amenities: 100 m
Airport: 50 km
Sea: 1.2 km
Public transport: 100 m
Schools: 500 m
Currency
Agent
Dragomir Stanchev Junior Sales Assistant dragomir.s@propwellgroup.com (+357) 25010024
Contact
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