House in Limassol (5928)

Description

Plot Size: 581m²
?️ Zone: Κα3 – Primarily Residential
? Building Density: 140%
? Coverage: 50%
? Floors: Up to 4
? Height: Up to 17m
? Existing Structure: Ground-floor house (140m² enclosed) built in 1940

An exceptional investment opportunity in the vibrant center of Limassol! This 581m² plot is located in the highly sought-after Agios Ioannis area, within the City Center Area Plan (Σχέδιο Περιοχής Κέντρου Λεμεσού), making it ideal for residential or mixed-use development.

The property falls under Zone Κα3, allowing for a generous 140% building density, up to 4 floors and 17m height, offering tremendous potential for a residential complex or boutique apartments in one of Limassol’s most dynamic neighborhoods.

An old ground-floor house of 140m² exists on the plot, classified under Category "Γ", with moderate condition—suitable for renovation or redevelopment.

✅ No VAT
✅ Registered Road Access
✅ Regular Shape with Road Frontage
✅ High ROI Potential

Whether you're a developer or an investor looking to tap into the growing demand in central Limassol, this property is a rare find with immense upside.