Commercial Plot in Mesa Geitonia, Limassol

SALE
  Chalkoutsa,   Mesa GeitoniaLimassolCyprus Provinces  |  Commercial Land

Description

The asset is a large commercial field of 3,364 sqm, located in Mesa Geitonia Municipality of Limassol.
The field is adjacent to Spyrou Kyprianou Avenue, next to Agios Stefanos Foundation and approx. 400m from Jumbo Megastore.
It benefits from a good shape and a flat surface that enable its easy development. The surrounding is characterised by few new commercial developments, medium quality houses and empty fields and plots.

The property falls into the Planning Zones EB4 - Commercial (2,190sqm) and KA5 - Residential (1,174 sqm) that allow for:
EB4: 140% Density, 50% Coverage
KA5: 100% Density, 50% Coverage

However, upon agreement with Local Authorities, the field has been registered as a plot and the Commercial zone EB4 has penetrated across the entire land area.
In addition, further advantages have been provided, relevant to the maximum allowed height of the zone and parking spaces requirements.

Attributes

Coverage
50 %
Density
140 %
Zone
Commercial
Land area
3,364 m²
Title Deeds: Yes

Features Outside

Facade street
Large Frontage

Property Location

Undefined Location

Surrounding Area

Near Bus Stop
Near City Center
Near Pubs
Near Restaurants
Near School
Near Shopping Area

Property Video