Commercial Plot 1416 m²
Reference ID: #SA33111
Price details: €5,300,000
Attractive commercial plot in one of the most central areas of Limassol. Located within the Historic area of Limassol, an area known for its commercial and residential activity. It offers excellent access to the motorway and is just 100 metres from the most commercial street in the city. Its proximity to private universities, schools, supermarkets and other amenities make this plot particularly appealing.
Ideal opportunity for investment.
The property falls within two planning zones:
Εβ3 (45%) with a building density coefficient of 160% and a coverage coefficient of 50%, over 5 floors and 20,5m height
Κα3 (55%) with a building density coefficient of 140% and a coverage coefficient of 50%, over 4 floors and 17m height
There are already Planning and Building Permits for the erection of a 10 upper ground commercial levels totaling around 3940 sqm and 2 underground levels totaling around 2055 sqm.
The plot is registered on a holding company thus No VAT is imposed.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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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:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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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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