Commercial and Residential Land in Agios Athanasios Limassol Prime Location
Archived / EUR 6.215.000
The asset consists of two adjoining commercial/residential zoned fields located in the Agios Athanasios area in Limassol.
The asset has an irregular shape and a flat even surface.
The proposed development of the roundabout is expected to change the planning zone allowing for taller buildings and potentially higher building density.
The Agios Athanasios area is considered to be one of the most developed commercial/residential areas with access to several amenities and facilities such as hotels, restaurants and shops.
The area is defined as a prime location due to the vicinity of the town centre, the Limassol – Nicosia Motorway and many other facilities and landmark locations of Limassol.
The immediate area is covered by water supply, electricity and telephone services.
The property falls within two planning zones:
Commercial Planning Zone KΓ6 with a building density coefficient of 80% and a coverage coefficient of 45%, over 3 floors and 13,5m maximum height, and;
Residential Planning Zone Εβ6 with a building density coefficient of 100% and a coverage coefficient of 50%, over 3 floors and 13,5m maximum height.