The property is a prime commercial plot located in the highly sought-after area of Chalkoutsa, Mesa Geitonia, Limassol, offering excellent development potential in a central and well-established neighborhood.
The plot has a total area of 390 sq.m. and benefits from approximately 38 meters of road frontage. As a corner plot, it enjoys enhanced visibility and accessibility, while being fully serviced with water, electricity, and telecommunications infrastructure.
The property is offered with approved permits, including a demolition permit for the existing building, a planning permit, a plot division permit, and a building permit for a four-storey mixed-use development.
The approved project consists of a ground-floor commercial shop with 37 sq.m. of internal space and covered parking, three whole-floor three-bedroom apartments each offering 119 sq.m. of internal area and 15 sq.m. of covered verandas, and a top-floor one-bedroom apartment with 68 sq.m. of internal space, 28 sq.m. of covered verandas, and 27 sq.m. of uncovered verandas.
Each unit benefits from a covered parking space.
The property falls within Commercial Planning Zone Εβ4, allowing a building density of 140%, coverage of 50%, and development of up to four floors with a maximum height of 17 meters. A separate title deed is available