For Sale €1,700,000 - Residential
This plot is located within the Germasoyia municipality of the district of Limassol at a location known as the “Columbia” area.
Through the road system the property is interconnected with Kolonakiou Avenue, Kolonakiou Avenue is considered as one of the main commercial streets of the city of Limassol offering a number of commercial shops, restaurants, cafes, banks, petrol stations etc. as well as direct access towards Limassol – Nicosia – Paphos motorway.
The immediate vicinity is developed with residential buildings, mostly of modern/new standard of construction.
According to the Limassol Local Plan, the subject property falls within the planning zone ‘Ka5’ Residential Zone which sets out the following parameters:
Maximum Building Density: 100%
Maximum Coverage Density: 50%
Maximum num. Of floors: 3
Maximum Height allowed: 13.5 meters
- Plot Area: 1287 m2
- Coverage Ratio: 50 %
- Build Density: 100 %
- Price: €1,700,000 +VAT