Located in the highly desirable residential neighbourhood of Kapsalos, this two-bedroom detached house presents an excellent opportunity for both homeowners and property investors seeking a well-positioned property with significant development potential.
Ideally situated just five minutes from Limassol town centre, the property offers convenient access to the city's main road arteries, the highway, Makarios Avenue, and the seafront road. A wide range of amenities, including shops, supermarkets, cafés, and essential services, are all within close proximity, making this an attractive location for comfortable everyday living.
The property currently comprises a well-maintained, liveable detached house that has been carefully looked after over the years. It offers the opportunity to move in, rent out, or explore future renovation and expansion possibilities, subject to the necessary approvals.
One of the property's key advantages is its impressive development potential. The plot benefits from a 120% building density, 50% coverage, and an allowance for up to three floors, offering exciting possibilities for future development. Furthermore, the existing structure can support a steel-frame construction on the first floor, subject to structural assessment and the relevant permits, potentially providing additional flexibility for expansion.
The detached house also benefits from parking on both sides of the property, adding valuable convenience and practicality.
With its sought-after location, existing habitable residence, generous planning parameters, and full title deed, this property represents a compelling opportunity for buyers looking to secure a home with future potential in one of Limassol's established residential neighbourhoods.
Whether you are looking for a comfortable residence, an investment property, or a site with scope for future development, this Kapsalos property offers a versatile opportunity in a highly convenient location.
Frequently Asked Questions
1. Where is the property located?
The property is situated in Kapsalos, a highly desirable residential neighbourhood in Limassol, approximately five minutes from the town centre.
2. What type of property is for sale?
It is a two-bedroom detached house situated on a plot with excellent development potential.
3. Is the existing house in liveable condition?
Yes. The house is well maintained and has been looked after over the years. It is currently liveable and offers the potential for immediate occupation subject to the buyer's requirements.
4. What are the development specifications of the plot?
The plot has a building density of 120%, a coverage ratio of 50%, and an allowance for up to three floors.
5. Can the existing house be extended?
The existing property is understood to be capable of supporting a steel-frame structure on the first floor. Any extension or additional construction would be subject to a structural assessment, planning permission, and the relevant building permits.
6. Does the property have parking?
Yes. As a detached property, it benefits from parking on both sides of the house.
7. What amenities and transport connections are nearby?
The property enjoys convenient access to local amenities, Limassol town centre, the highway, Makarios Avenue, and the seafront road.
8. Is the property suitable for investment?
The property may appeal to investors due to its established location, existing liveable house, and development potential. Buyers can explore owner-occupation, rental, renovation, or future development options, subject to feasibility and approvals.
9. Does the property have a title deed?
Yes. The property benefits from a full title deed.
10. Can the property be purchased for redevelopment?
The plot's planning parameters and existing structure make it attractive to buyers considering redevelopment or expansion. Any proposed project should be verified with the relevant authorities and qualified professionals before purchase.
