€888,800

Plot in Neapolis, Limassol, Cyprus

1.1 Land Register Particulars are as follows:
District: Limassol
Town: Limassol
Quarter: Neapoli
Address: Spyridonos Lambrou Street
Registration No: 1/42801
Sheet/Plan: 54/590101
Block: 1
Plot No: 294
Area: 510 m2
Share of interest: Whole
THREE MINUTES WALKING DISTANCE TO THE SEA!
1.2 Description of Property: Property is a building plot.

1.3 Location of Property: The subject property is lies within Neapoli quarter of Limassol Municipal boundaries. In particular it is on Spyridonos Lambrou Street at a short distance south of Griva Digeni Avenue. It has good access onto Griva Digeni and Arch. Makariou Avenues. The vicinity to the property mainly consists of residential blocks of flats, shops, restaurants and houses. The demand for vacant building plots is very high.

1.4 Planning Requirements: The plot is within the planning zone Kα3, and the planning particulars are as follows:

Maximum Building Density: 140%
Maximum building coverage: 50%
Maximum no. of Floors: 4
Maximum Height: 17,00 m.

Planning zone main characteristic: Residential Zone

The property is governed by the Regulations of ‘The Limassol Local Plan’.