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Land for Sale in Limassol Municipality, Limassol, Cyprus

This property is either Offline, Sold or Deactivated.

Location

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Limassol Municipality, Limassol, Cyprus

Description

Remax proudly presents a unique investment opportunity in the heart of Limassol: 3 adjoining Plots, one of which with Listed House, all totalling 859 m².

The asset benefits with prime location, as it is nestled in the exquisite and sought-after City Centre; it enjoys a variety of amenities and services on its doorstep and is only a short walk from the waterfront, the cosmopolitan promenade, a number of cultural facilities, as well as cafes, restaurants and many more.

The immediate area mainly consists of both commercial and residential units, making it a perfect setting to construct your development upon.

The larger parcel measures 611 m² and includes a Listed House of 218 m², whilst the other two plots occupy 121 m² and 127 m² respectively, altogether forming a corner asset.

The property provides direct access to registered road on its southwestern and southeastern boundaries. Each side has an appox. extend of 25 m frontage.

The property has a flat even surface and comprises of a large rather rectangular shaped plot and two smaller square shaped parcels.

The Listed House dates back to 1935 and is still maintained in a good condition. It covers a total area of 218 m², of which 150 m² being the main building (bungalow) and another 68 m² for a secondary dwelling, used as storage. On entering the front door you are greeted by an entry way with a living room, separated from the kitchen, 3 Bedrooms, an additional smaller room and a bathroom. The outside space includes a spacious backyard and a separate unit.

The asset falls within Town Planning Zone Πα9β, with Building Density Coefficient: 120%, Coverage Coefficient: 70% in 2 floors and 7 metres height.

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