(Commercial) in Agia Triada, Limassol for Sale
for sale in Limassol, Agia Triada
Publish: Today at 04:31, views: 282
Price: €4.500.000
Size (m²) | 1159 sqm |
Plot type | Commercial |
Listing ID: | 54639 |
Price | €4.500.000 |
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Information from owner
Unlock the potential of this exceptional 1,159 sq.m. plot located in the vibrant commercial zone of Agia Triada, Limassol. With a generous building density of 160% and a coverage ratio of 70%, this land is perfectly positioned for a lucrative development project.
Key Features:
Town Planning Permits: Already approved for one main building featuring 29 residential flats (27 apartments distributed over three floors and 2 luxurious penthouse flats on the fourth floor), alongside 3 maisonettes on the ground floor at the rear.
Increased Building Coefficient: Recent adjustments have increased the building coefficient by 20%, allowing for an additional 360 sqm. This additional space provides flexibility—enlarge existing apartments or add up to 7 more flats on the fourth floor.
Current Status: In the process of securing a building permit based architectural plans and will subsequently apply for an amended permit incorporating the new building coefficient.
This prime piece of land offers a unique opportunity for developers looking to capitalize on the booming Limassol real estate market.
With its strategic location and pre-approved plans, you can move forward swiftly in creating a residential haven in one of Cyprus's most desirable areas. Don't miss out on this investment opportunity—contact us today for more details!
Unlock the potential of this exceptional 1,159 sq.m. plot located in the vibrant commercial zone of Agia Triada, Limassol. With a generous building density of 160% and a coverage ratio of 70%, this land is perfectly positioned for a lucrative development project.
Key Features:
Town Planning Permits: Already approved for one main building featuring 29 residential flats (27 apartments distributed over three floors and 2 luxurious penthouse flats on the fourth floor), alongside 3 maisonettes on the ground floor at the rear.
Increased Building Coefficient: Recent adjustments have increased the building coefficient by 20%, allowing for an additional 360 sqm. This additional space provides flexibility—enlarge existing apartments or add up to 7 more flats on the fourth floor.
Current Status: In the process of securing a building permit based architectural plans and will subsequently apply for an amended permit incorporating the new building coefficient.
This prime piece of land offers a unique opportunity for developers looking to capitalize on the booming Limassol real estate market.
With its strategic location and pre-approved plans, you can move forward swiftly in creating a residential haven in one of Cyprus's most desirable areas. Don't miss out on this investment opportunity—contact us today for more details!
Contact Name: 1st Class Homes (Business Advertiser)
region: Limassol
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