Description
**NEW REDUCED PRICE FROM €785.000 TO €550.000**
Two excellent adjacent plots totaling 1,223 sqmare available for sale near the round about of Kato Polemidia, Limassol, at the exit of the Limassol-Nicosia Motorway. The property is ideal for a commercial building with immediate access to the highway and the big plot can provide ample parking space.
The wider area consists of mid and high specification commercial and residential developments, such as showrooms and offices and houses and apartments. The area will definitely upgrade with the upcoming TEPAK university development.
522 sqm falls within the Commercial Planning Zone EB where the factors that apply are set by the provisions of Development Plans.
701 sqm fall within the Residential Planning Zone Κα6 with the Following Development Features:
-90% Building Density Coefficient
-50% Building Coverage Coefficient
-3 Floors
-13,5m Height
Currently there is an old building that can be demolished on the plot.