Commercial land in the heart of Limassol

For Sale / EUR 1.600.000
+357 77775070
pnicolaou@nicolaouestates.com

160% building density
Property ID:
VL17506
Office Code:
6CHNI
Type:
Land / Plot
35
2
352
Area:
Agia Zoni
District:
Limassol
Plot Size:
1.433 m2
Land Type:
Commercial
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DESCRIPTION

This piece of land is located 75 meters south of Makarios Avenue which the most commercial road of Limassol. More specifically it's on Thessalonikis street.

The land has has three old houses in it which are for demolition so any potential purchaser will NOT have to pay VAT on top of the price!

According to the Limassol Local Plan, the subject piece of land falls within two planning zones as analyzed below:

* 52% falls within the commercial zone Eβ3 which allows 160% building density, 50% coverage density and 5 floors to be built.

* The rest 48% falls within the residential zone Ka4 which  allows 140% building density, 50% coverage density and 4 floors to be built.

The planning authority will give permission to any potential purchaser to use the whole land for commercial use construction since its biggest percentage is commercial.

 Title deed available on request.

MAIN PROPERTY FEATURES
This land / plot in Agia Zoni, Limassol is being offered for sale at EUR 1.600.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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