Land Limassol, Cyprus

Two adjoining plots in Katholiki area, in the center of Limassol district. The plots have a total area of 1739 sqm and already have a building permit for a 6-floor building with 2 underground parking floors, a pool on the rooftop, and 70 residential flats.   The property offers close proximity to all amenities and easy access to the Limassol city center, as well as very close proximity to the beach and the historic area of Limassol. The area is the perfect area for Student Accommodation, close to universities and with high rental potential. The plot falls within Residential Zone, with the below characteristics: Planning zone: Πα4 Building Coefficient: 240% Coverage Coefficient: 7% Maximum Floors Allowed: 4 Maximum Building Height: 17 m