For Sale, Land, Limassol, Potamos Germasogeias, 2,710m², €16,500,000

Description

Investment Opportunity: Mixed-Use Development by the sea.
Plot for sale located in Potamos Germsaogeias area, in Limassol. The plot has an area of 2,710sqm and it is positioned 10m from the beach, providing a great view of the sea, offering a wide array of business opportunities. The property falls within the Commercial Planning Zone Εβ(86%). And within the Touristic Planning Zone Τ1β1α(14%), with building density coefficient of 80%, coverage coefficient 35%, maximum 3 floors and a maximum height of 13.5m.
The development consists of a five-storey building for a total of 3,335sqm covered spaces and a total of 2,577sqm open spaces. The main function of the ground and mezzanine floors will be retail, with function flexibility, these floors can also be converted into office space. The presence of a roof garden on the mezzanine level, will further enhance the attractiveness and environmental sustainability of the building. The four remaining floors will either be used as a combination of office and residential space, or solely as office space, depending on the investor’s needs. The Project will have 54 parking spots, covered and uncovered, fully satisfying its parking requirements, while having plenty of spare parking spots in order to achieve a relative comfort. Not subject to VAT.

Features