Prime Residential Development Plot
- €5,000,000+ VAT
Overview
- Land, Investment
- 5600 m2
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
Location
Open on Google Maps- City: Limassol
- Area: Agios Tychonas
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