Description
This commercial located in the well-established Petrou Kai Pavlou area of Limassol, offering excellent accessibility to the city center and direct links to the Limassol–Nicosia motorway.
The plot currently accommodates a stone-built house of 186 sqm along with a 15 sqm auxiliary stone structure, providing potential for renovation, redevelopment, or full commercial utilization.
The property falls within the Commercial Planning Zone Eβ5, allowing for a building density coefficient of 120%, coverage ratio of 50%, development over 3 floors, and a maximum building height of 13.5 meters. This zoning permits the development of a commercial building of up to 609 sqm, plus approximately 152 sqm of covered verandas.
The plot features a rectangular shape, flat surface, and a frontage of 21.7 meters, ensuring ease of construction and optimal architectural planning.
The surrounding area is considered a prime commercial location, benefiting from close proximity to the town center, the coastal avenue, major road networks, and a wide range of amenities and landmark facilities, making this an excellent opportunity for investors and developers.