Land Parcel – 7355sqm for sale, Zakaki area, Limassol

Characteristics:

• Area: Zakaki area
• Type: Land / Land parcel
• Status: For Sale
• Covered Area: 7355(m²)
• Distance to sea: 1km-2km

Description:

Land Parcel – 7355sqm for sale, Zakaki area, Limassol

A high profile development opportunity and commercial site in a very desirable location in Zakaki area Limassol. Offering a total land area of 7355 m² , zoned for Commercial, Residential and unique Lifestyle in a high profile location. This land is a rare development opportunity, as Zakaki is a high growth area as a result of all the new developments in the region (new Casino, new port, shopping mall). Purchasers will benefit from a prime location, just south of 1000m Shopping Mall and the new Casino of Melco-Hard Rock Resort Cyprus, in a sunny and expanding commercial area. In addition, the particular land is situated in one of the main roads of Limassol (Franklin Roosevelt street), just 500 meters from Limassol port. The particular site enjoys level contours allowing cost effective building options with excellent building density coefficient (Commercial: 120%, Residential: 100%).
The site will have frontage onto the main road (ensuring easy access to public and private transport) and stunning sea views from the back. A development on this site can be expected to be keenly sought after as upper levels can be expected to provide significant sea views. This is a unique opportunity to secure a piece of paradise in one of the most magnificent and developed coastal cities in Cyprus. This property represents an ideal investment for a large scale development in a location with strong demand and limited supply at present. Commercial and residential sites of this size and quality are rarely available and will provide an exceptional opportunity for discerning buyers to secure a very strategic Investment.

• Land parcel area: 7,355m²
• Sale price: €4,200,000

Additional Features:
► Building density: (Commercial: 120%, Residential: 100%)
► Distance to the sea: 1.5km
► Dropbox No. 2974S
► Update: 30/11/2020

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