Two Adjoining Residential Plots – Limassol
  • €1,890,000

Overview

  • Land, Investment
  • Property Type
  • 630 m2
  • Plot Size

Details

  • Property ID GM1265
  • Price €1,890,000
  • Plot Size 630 m2
  • Property Type Land, Investment
  • Status For Sale

Description

An exceptional investment opportunity for two adjoining residential plots with a combined area of 630 m2, located in the prestigious Agias Triadas district of Limassol Municipality. Just 200 metres from the coastline and within easy walking distance to Molos Promenade, Limassol Marina, the Castle, and the bustling commercial streets of Gladstonos and Anexartisias, the site offers unrivalled access to the city’s most desirable amenities.

Notably, one of the plots includes a listed building, which opens up attractive possibilities for company tax optimisation and potential government incentives — a valuable advantage for investors seeking both strategic and financial benefits.

  • Total plot size: 630m2
  • Total buildable area: up to 970 m2
  • Build Density: 140 m2
  • Coverage Ratio: 70%
  • Maximum Height Allowance: 12.5 metres (3 floors)
  • Includes a 140 m2 listed building eligible for significant government grants and financial incentives, including rental income tax exemptions.
  • Located in the heart of Limassol’s Old Town
  • Planning and building permits available on request
  • Additional architectural drawings and documentation can be provided

This distinguished property presents a rare opportunity to develop a premium residential project in one of Limassol’s most sought after districts. The blend of strategic location, development capacity, and fiscal advantages makes it a compelling proposition for investors and developers focused on high end residential construction.

Subject to VAT

  • City: Limassol
  • Area: Limassol Old Town

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