€2,300,000 $2,393,841
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Pay in USD and save up to $83,784Planning Zone
Residential (ΚΑ11)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.15
Density: 0.2
Height: 10 meters
Allowed stories: 2
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Commercial: 1.54 Km
Tourist: 0.32 Km
Industrial: 4.27 Km
Agricultural: 1.22 Km
Farm: 3.26 Km
Key features
- Listing ID: 1595106 (10272)
- Plot: 18288 sqm
Description
Exclusive investment opportunity in one of Limassol’s most prestigious areas, Agios Tychonas.
The project involves the development of an 18,000m² plot of land, strategically located in a prime, luxury neighborhood with easy access to the sea and breathtaking panoramic sea views. This highly sought-after location ensures significant demand from high-end buyers.
The project is divided into two phases
Phase 1: 5 Villas
Phase 2: 12 Vilas
All the architectural drawings are available.
The application for a planning permit was submitted 8 months ago.
A planning permit for Phase 1 is expected soon.
This project offers a rare opportunity to enter the luxury property market in Limassol with significant profit potential and manageable financial risk.
The entire project is expected to be completed within 3 years, with projected profitability exceeding €8 million.
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