Presenting this residential plot with a planning permit application, spanning 285 m², ideally located in the desirable Agios Nektarios area of Limassol. Situated just 5 minutes from the beach and less than 10 minutes from the highway, the property offers excellent connectivity to the city and surrounding areas.
The plot has a registered road frontage, ensuring convenient access to the property and surrounding amenities.
The existing planning permit allows development of a four-floor residential building, comprising three whole-floor 2-bedroom apartments and 1 bedroom whole floor apartment on the 3rd floor , with an additional studio apartment on the roof garden. This approved development concept offers a clear and attractive opportunity for investors and developers looking to proceed with a well-defined residential project.
The plot falls within a residential zone with a 120% building density, allowing for the development of up to three floors and a maximum height of 13.5 metres under the applicable planning parameters.
With an excellent location, an existing planning permit, and a ready development concept, this property offers an attractive investment opportunity for developers looking to create a boutique residential project in one of Limassol’s established, desirable areas.
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