FOR SALE - Residential Land
in Limassol, Parekklisia

1,078 sqm residential plot in a prime location just off the Parekklisia/Pyrgos highway junction on the east side of Limassol.

This trapezium shaped plot abuts two major arterial roads - one leading off and onto the main highway, the second road leading to the sea front/tourist area.
This location presents a truly unique opportunity to utilize a high footfall/traffic location (possibly for commercial purposes moreover than residential), or perhaps a mix use building that reflects the current local landscape of the area.
With a coffee shop, car dealership, bakery and petrol station within 100m of the plot, plus an abundance of restaurants and kiosks located moments away on the other side of the highway, this plot could make the perfect split-level fast-food outlet catering to customers utilizing the highway and looking for a quick stop-gap meal before their journey to or from the neighbouring towns and cities, but also those early risers or late nighters seeking a quick and easy go-to drive-through food outlet that compliments their daily route and routine on their way to and from work or daily commitments.

With a 20% building coefficient and 15% covered ground area, this plot currently allows up to 2 floors and 10m in height.

Additionally, VAT is not applicable.

Please note, anyone considering this plot for commercial investment will need to apply to the local authorities for a change of use. 

Contact ChapterONE Properties today to find out more.