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18,288 SQM Residential Land for sale in Parekklisia, Limassol

Parekklisia, Limassol, Cyprus
18,288 SQM Residential Land for sale in Parekklisia, Limassol 782 Parekklisia
2300000 €2,300,000  ($2,426,171)
18,288 SQM Residential Land
Parekklisia, Limassol

€2,300,000  ($2,426,171)

VAT Applicable not included in the price
Arazo Real Estate

Arazo Real Estate

Reg.No: 851 / Licensed No: 434/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $84,916

Average Bank Rate (€2,300,000)
1 USD = 0.9159 EUR
$2,511,087

Mid-market rate (€2,300,000)
1 USD = 0.9480 EUR
$2,426,171

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning 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.

Disclaimer - Property reference 1595106. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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