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€ 1,890,000

Development Land in Limassol, Limassol District

€ 1,890,000
630 m²

Description

We're excited to introduce a rare investment opportunity in the heart of Limassol's Historic Quarter, in the sought-after Agia Triada area.

This unique property consists of two adjoining residential plots totaling 630 sq.m, perfectly positioned just 200 meters from the sea. The location is unbeatable you're within walking distance of the Molos Promenade, Limassol Marina, the Medieval Castle, and the city's main shopping and dining streets, Gladstonos and Anexartisias.

Property Highlights:

Prime location in Limassol's Old Town

Total buildable area: up to 970 sq.m

Building density: 140% | Coverage ratio: 70%

Maximum building height: 12.5 meters (3 floors)

Includes a 120 sq.m listed building, eligible for government grants, incentives, and rental income tax exemptions

This is an ideal opportunity to develop a high-end residential or mixed-use project in one of Limassol's most vibrant and historic neighborhoods. The combination of a central location, strong development potential, and significant fiscal advantages makes it a truly compelling choice for investors looking to capitalize on Limassol's growing real estate market.
Listed building

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Details

External size:
630 m²
Reference:
TER_11068

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Position