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

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.