Development Opportunity – Commercial Plot with Active Building Permits in Mesa Geitonia, Limassol

Ref No:
€750.000
  • Status: For Sale
  • Property type: Plot
  • Property Subtype: Commercial Plot
  • Ref. ID: 9775
  • City: Limassol
  • Area: Mesa Geitonia
  • Plot / Land Area: 390 m2
  • Energy Efficiency Rating: N/A
  • Title Deed: Yes
  • Coverage Ratio: 50 %
  • Building Density: 140 %
  • Max Floors: 4
  • Max Height: 17 m

Details

Prime 390sq.m. commercial plot situated in a highly-sought-after neighbourhood in Mesa Geitonia, Limassol.Property Highlights:• Total Plot Area: 390 sq.m.• Shape: Corner Plot• Infrastructure: Fully serviced by water, electricity, and telecommunications.Key Features:• Permits issued:1) Demolition permit for the existing obsolete building2) Planning permit and plot division3) Building permit for a 4-storey commercial building consisting of:• One ground-floor shop (37sq.m. internal area, 1 covered parking space)• Three 3-bedroom whole-floor apartments (119sq.m. internal area, 15sq.m. covered verandas, 1 covered parking space)• One 1-bedroom top-floor apartment (68sq.m. internal area, 28sq.m. covered verandas, 27sq.m. uncovered verandas, 1 covered parking space)• Permits pending issuance:1) Horizontal Division PermitLocation:• Approximately 540m west of the 10th Primary School• Approximately 370m south of Spyrou Kyprianou AvenuePlanning Zone:• Commercial Zone: Εβ4• Building Density: 140%• Coverage: 50%• Floors: 4 (max height 17m)There is a separate title deed for this property.