Residential/ Commercial Plots For Sale In Kato Polemidia, Limassol (3011 Sq.m)

This is a commercial and residential land located in Kato Polemidia. More specifically, it is situated near the hospital and motorway, suitable also for clinic/hospital or offices also it can be built up to 3000 sq. m. The building zone is Κα7, with a density of 80% and coverage of 45%, offering the potential of building up to 14 meters height and up to 3 floors. There are three adjacent plots of total area 3011 sq. m. situated in prime location very close to the new Limassol General Hospital. These plots have all the services, road, water, electricity and have title deeds. Regarding their use, they are suitable for commercial use like offices (density 80%) and also for the construction of Medical Center/clinic (density in this case is 100%) and this is confirmed by a preliminary approval letter from the competent Limassol Planning Department of the Government. The building coefficient of the land is 80%, BUT CLINIC/HOSPITAL/MEDICAL CENTRE CAN GET AN EXTRA 20%, ACCORDING TO THE LATEST APPROVED DECISIONS BY THE GOVERNMENT IN ORDER TO SUPPORT THE CREATION OF NEW HOSPITALS/CLINICS/MEDICAL CENTRES. Therefore, Hospitals/ Medical Centers of total area 3000 square meters can be erected on these plots.
Is should be noted that finding plots in the residential area of Limassol which are suitable and ready for construction of Medical Center (with all necessary services, such as asphalt road, electricity, water, etc.) is quite difficult, since according to the building regulations of Cyprus large areas are required which must be located in predetermined special areas.
That’s why these three plots with all the necessary services ready/finished, with title deeds and preliminary approval for Medical Center from the Government Planning Department are considered to be ideal for purchase/investment purposes.

Value for money property!

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