Prime Mixed-Use Development Land for sale on Spyrou Kyprianou Avenue
- Kato Polemidia, Limassol
- Ref: 27352
€4,200,000+VAT
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Property details
- Property type: Development Land
- Plot area: 1,904 m²
- Title deed: Yes
Other information
- Distance to amenities: 10 m
- Distance to airport: 60 km
- Distance to sea: 5 km
- Distance to public transport: 10 m
- Distance to schools: 500 m
- Distance to resort: 3 km
Planning zones
| Zone | Cover factor | Build factor | Max height | Max floors | Affected percentage |
|---|---|---|---|---|---|
| eb4 | 50% | 140% | 17 m | 4 | 37% |
| ka5 | 50% | 100% | 13.5 m | 3 | 63% |
Property description
Discover a unique investment opportunity on Spyrou Kyprianou Avenue, one of the most sought-after locations in the city center. This impressive 1,904 sq.m. plot combines versatility and income potential, with 67% zoned for commercial use (140% building density) and 37% zoned for residential use (100% building density).
Located in a bustling area surrounded by thriving commercial developments, this property is perfectly positioned for a high-profile project. It offers the flexibility to accommodate a large office building, a mixed-use development, or other ambitious ventures, capitalizing on its prime visibility and excellent connectivity.
Adding immediate value, the property includes a rentable premise currently generating a steady income of €5,000 per month. With limited options left in this premium neighborhood, this land stands out as a rare and lucrative investment.
Features
- Easy access to highway
- Easy access to main roads
- Heart of city center
- Investment opportunity
- Near amenities
- Near bus route
- Prime land
