Located in Limassol.
Prime corner commercial plot extending to 390 sq.m., situated in one of the most sought-after areas of Mesa Geitonia, Limassol. The property enjoys excellent visibility and approximately 38 metres of total road frontage, making it ideal for commercial or mixed-use development. The plot is fully serviced with water, electricity, and telecommunications infrastructure and benefits from a separate title deed. Its prominent position and easy accessibility make it an attractive opportunity for developers and investors seeking a high-potential asset in Limassol. The property is offered with significant development advantages, as permits have already been issued for the demolition of the existing building, plot division, planning permission, and a building permit for a modern four-storey mixed-use development. The approved project consists of a ground-floor retail shop of 37 sq.m. with one covered parking space, three whole-floor three-bedroom apartments of 119 sq.m. internal area each with 15 sq.m. covered verandas and one covered parking space, as well as a top-floor one-bedroom apartment of 68 sq.m. internal area featuring 28 sq.m. covered verandas, 27 sq.m. uncovered verandas, and one covered parking space. The Horizontal Division Permit is currently pending issuance. The property falls within the Commercial Planning Zone Εβ4, allowing a building density of 140%, coverage of 50%, and development of up to four floors with a maximum building height of 17 metres. This is an exceptional investment opportunity offering immediate development potential, with key permits already secured and a ready-to-develop project in one of Limassol’s most desirable commercial and residential areas. Title Deed Available.
