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.