Development Opportunity - Commercial Plot with Active Building Permits in Mesa Geitonia, Limassol - Published

Mesa Geitonia, Limassol

Overview

Reference

31187

Category

Commercial

Property type

plot

City

Limassol

Furnished

No

Description

Prime 390sq.m. commercial plot situated in a highly-sought-after neighbourhood in Mesa Geitonia, Limassol. Property Highlights: • Total Plot Area: 390 sq.m. • Shape: Corner Plot • Infrastructure: Fully serviced by water, electricity, and telecommunications. Key Features: • Permits issued: 1) Demolition permit for the existing obsolete building 2) Planning permit and plot division 3) Building permit for a 4-storey commercial building consisting of: • One ground-floor shop (37sq.m. internal area, 1 covered parking space) • Three 3-bedroom whole-floor apartments (119sq.m. internal area, 15sq.m. covered verandas, 1 covered parking space) • One 1-bedroom top-floor apartment (68sq.m. internal area, 28sq.m. covered verandas, 27sq.m. uncovered verandas, 1 covered parking space) • Permits pending issuance: 1) Horizontal Division Permit Location: • Approximately 540m west of the 10th Primary School • Approximately 370m south of Spyrou Kyprianou Avenue Planning Zone: • Commercial Zone: Εβ4 • Building Density: 140% • Coverage: 50% • Floors: 4 (max height 17m) There is a separate title deed for this property.