Whole ground floor shop for sale with unused building density on top
Archived / EUR 1.600.000
77775070
or +357 95598488
This commercial property is located between Makarios Avenue and Spyrou Kyprianou Avenue and consist of a plot 840m2, basement 597m2, ground floor 520m2 and mezzanine floor 160m2.
According to the Limassol Local Plan, the subject plot falls within two planning zones as analyzed below:
* 49% falls within the commercial zone Eβ which allows 140% building density, 50% coverage density and 4 floors to be built.
* The rest 51% falls within the residential zone Ka4 which allows 120% building density, 50% coverage density and 3 floors to be built.
So any potential buyer can built another two floors of 572 covered areas in total (basement and mezzanine floors don't count in the building density) plus extra area for roof garden plus extra covered areas for verandas.
Title deed available on request.
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