A prime redevelopment opportunity on one of Limassol’s most active commercial arteries. This 628 m² mixed-use plot is strategically located on Franklin Roosevelt Avenue, within the Omonoia district, an area undergoing continuous regeneration and benefiting from strong commercial traffic and urban demand. The property’s positioning makes it ideal for a landmark commercial, residential, or mixed-use development.

The plot falls under dual planning zones (Εβ4 & Κα4), offering excellent flexibility in design and usage. The Εβ4 commercial zone supports high-density development suitable for offices, retail, or service-based premises, while the Κα4 residential zone allows for modern apartment schemes or integrated mixed-use concepts. The land is flat, with strong road exposure, enabling efficient architectural planning and high visibility.

An existing building (1988) currently occupies the site, comprising two ground-floor retail units with mezzanines and one upper-floor unit, providing potential interim rental income or a foundation for full redevelopment.

Plot Size: 628 m² | Zoning: Εβ4 & Κα4 | Use: Mixed-Use

Key Highlights
• Prime frontage on Franklin Roosevelt Avenue
• Dual zoning offering flexible development potential
• Flat plot with excellent road exposure
• Existing income-producing structure
• Ideal for commercial, residential, or hybrid projects
• Strong demand area with ongoing urban regeneration
• Title Deed Available

Planning Zones Breakdown
Εβ4 – Commercial (45% of plot) |Building Density: 140% |Coverage: 50%
Floors: 4 |Maximum Height: 17 m
Κα4 – Residential (55% of plot) |Building Density: 120% |Coverage: 50%
Floors: 3 |Maximum Height: 13.5 m

Existing Building
• Two ground-floor shops with mezzanines (53 m² each)
• One upper-floor unit
• Year of Construction: 1988

Location Highlights
• High-traffic commercial district of Omonoia
• Minutes to Limassol Port & Marina
• Direct access to main city arteries
• Close to businesses, services & residential developments
• Excellent visibility and connectivity