Prime Residential Development Plot
  • €5,000,000+ VAT

Overview

  • Land, Investment
  • Property Type
  • 5600 m2
  • Plot Size

Details

  • Property ID GM1398
  • Price €5,000,000+ VAT
  • Plot Size 5600 m2
  • Property Type Land, Investment
  • Status For Sale

Description

A rare opportunity to acquire a premium 5,600 m² residential development plot in the prestigious area of Agios Tychonas, Limassol. The property benefits from direct access to a public road and comes with fully approved planning and building permits for the construction of six luxury villas, making it an exceptional investment for developers.

The project allows for a total buildable area of 2,940 m², with additional covered and uncovered verandas, private parking, and ample space for landscaped gardens and swimming pools – ideal for creating high-end residences tailored to the luxury market.

Agios Tychonas is renowned for its exclusivity, elevated sea views, and proximity to luxury resorts, five-star hotels, Limassol’s coastline and Blue Flag beaches, marinas and high-end leisure facilities. The area consistently attracts high end local and international buyers, ensuring strong demand for premium properties.

Development Highlights:

  • Build Zone: Η4α
  • Plot size 5,600 m2
  • Build Density: 50%
  • Coverage: 30%
  • Number of floor levels allowed: 2
  • Height Allowance: 8.3 metres
  • Planning & Building Permits issued before Nov 2023 (old VAT regime)
  • Project Type: Six luxury detached villas
  • City: Limassol
  • Area: Agios Tychonas

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