The subject property is lies within Neapoli quarter of Limassol Municipal boundaries. at a short distance to the sea and 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. The various developers of Limassol are highly after this area with the aim of developing residential blocks.
The plot is within the planning zone Kα3, and the planning particulars are as follows:
Area: 510 m2
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’.