An attractive residential property comprising a 1/2 share of a 321 m² plot, subject to a distribution agreement, ideally located in the sought-after Apostolou Petrou kai Pavlou area of Limassol.
The property benefits from an existing three-bedroom house with a basement and a covered area of approximately 140 m². Situated adjacent to a green area and surrounded by a pleasant residential environment, the property offers an appealing combination of an established residential setting, a sense of openness and excellent future development potential.
The property falls within the Ka5 residential planning zone, with a building density of 100%, a coverage ratio of 50% and permission for a three-storey building with a maximum height of 13.5 metres, subject to the applicable planning regulations and permits. Accordingly, a prospective purchaser may consider retaining and utilising the existing house or exploring the potential for its demolition and the construction of a new three-storey residential building, subject to the relevant approvals and the applicable development parameters.
Please note that the section of the plot offered for sale is highlighted in yellow in the accompanying photograph.
Ideally located approximately one minute from the highway and ten minutes from Limassol city centre, the property provides convenient access to the wider city, essential amenities and key transport links.
This is an appealing opportunity for investors, developers or private buyers seeking a property in a pleasant residential setting, combining an existing house with the potential for future redevelopment.
Contact us for further information or to arrange a viewing.
