The property comprises of three adjoining parcels totalling 7.699 sqm located in the Kapsalos area in central Limassol. The immediate area has benefited from significant levels of commercial developments along Spyrou Kyprianou Avenue (showrooms at the ground level and offices on the remaining floors) over the past few years. The plots are located in this area benefit from proximity to the city centre and other neighbourhoods of Limassol. It is 7.160 sqm and has a rather irregular shape. It falls within dual planning zone (commercial planning zone Eβ4 - circa 1.500 sqm and the remaining into residential planning zone - Κα4). The property zoned as Eβ4 (commercial) allows 140% building density, 50% coverage, 4 floors and a maximum height of 17m. The property zoned as Κα4 (residential) allows 120% building density, 50% coverage, 3 floors and a maximum height of 13,5m.