Land for Sale in Limassol

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€1,200,000 EUR

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Ref 2268660 | Limassol, Limassol | Plot Of Land

Currency services provided by Excel Currencies 1,200,000 EUR  |  Approx.£1,033,320 GBP  |  Approx. US$1,284,240 USD
  • Type: Land
  • Location: Limassol
  • Province: Limassol
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

It is a commercial plot in town planning zone EB3, which allows 160% density factor, 50% coverage area and five (5) floors at a maximum of 20.5 meters in height.The total area of the plot is 567 square meters. According to zone EB3, this allows a total of 907 meters of construction, distributed in five (5) floors.Because the plot is situated in a commercial zone, the developer can build retail shops, office spaces, apartments and/or a combination of all the above.In addition, a basement, a mezzanine floor, and covered verandas can be built, all which are not taken into consideration within the density factor. This means that all of these constructions are over the 907 meters that the density factor allows to be built.Overall, this is a very privileged plot with great prospects of development, both due to its position and the variety of combination in terms of potential constructions which the commercial zone allows.101218L-8124-CC-LL

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