Listed townhouse with approved development plans
- Εμβαδόν: 158 m²
- Κατάσταση: Υπό κατασκευή
A unique opportunity to acquire a traditional listed townhouse located in the heart of Limassol's historic centre, 100m from the Agia Triada church and Heroes' square.,
This property presents an exceptional redevelopment and restoration opportunity with significant development incentives and future value creation potential.
Property Details
- Plot Size: 195 m²
- Planning Zone: Πα8β
- Building Density: 140%
- Total Permitted Building Area: 273 m²
The property consists of a listed traditional townhouse requiring restoration and benefits from a range of incentives available under Cyprus legislation for listed buildings.
Architectural plans have already been prepared for:
- Restoration of the listed townhouse: 86.75 m²
- Construction of a new building at the rear: 71.00 m²
Total proposed development area: 157.75 m²
In addition, the property retains approximately 115.5 m² of unused building density, offering further development or transferable density potential.
Architectural plans and development designs have already been completed and submitted to the relevant authorities. The permitting process is at an advanced stage, with planning approval expected within the coming weeks.
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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:HOMESURVinfo@homessurv.com+357 22 377 004
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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:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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