Other, limassol, mesa geitonia, 390m², 390m²
- Reference number: 3545
- Area: 390 m²
- Condition: Brand new
Prime Commercial Corner Plot with Approved Development Permits in Limassol
An outstanding investment opportunity to acquire a prime 390 sq.m. corner commercial plot in one of Limassol's most established and high-demand business districts. Positioned on two prominent roads, this fully serviced property benefits from excellent visibility, dual road frontage, and approved permits for a modern mixed-use development.
Property Highlights
Plot Area: 390 sq.m.
Corner Plot with approximately 38m total road frontage
Approximately 19m frontage on the main avenue
Approximately 19m frontage on the side street
Fully serviced with water, electricity, and telecommunications
Separate Title Deed
Approved Development
The property benefits from significant planning progress, making it ideal for immediate development.
Permits Issued:
Demolition permit for the existing building
Planning permit and plot division approval
Building permit for a four-storey mixed-use development comprising:
Ground floor retail shop (37 sq.m.) with one covered parking space
Three spacious whole-floor three-bedroom apartments (119 sq.m. internal area each, plus 15 sq.m. covered veranda and one covered parking space per apartment)
One top-floor one-bedroom apartment (68 sq.m. internal area, 28 sq.m. covered veranda, 27 sq.m. uncovered veranda, and one covered parking space)
Permit Pending:
Horizontal Division Permit
Planning Zone
Commercial Zone: Εβ4
Building Density: 140%
Coverage Ratio: 50%
Maximum Floors: 4
Maximum Building Height: 17m
This exceptional property presents an excellent opportunity for developers and investors seeking a high-value commercial and residential project in one of Limassol's most desirable locations, with the advantage of approved permits that significantly reduce development timelines.
Energy Performance
Ground Floor Shop: Energy Category D
Existing Upper Residence: Energy Category E
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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