SALE: RESIDENTIAL PLOT IN GERMASOGIA WITH EXISTING HOUSES NO VAT.

  • Germasogeia, Limassol
  • Ref: 32547
€400,000
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Property details

  • Property type: Building Plot
  • Plot area: 400 m²
  • Title deed: Yes

Planning zones

Zone Cover factor Build factor Max height Max floors Affected percentage
πα9 70% 120% 10 m 3 -

Property description

## Prime Development Opportunity in a High-Demand Location

Unlock the full potential of this exceptional investment property, perfectly suited for a boutique residential development. Situated in a desirable area, this generous parcel offers an outstanding opportunity for developers, investors, and visionary buyers looking to maximize returns.

With a **120% building density**, **70% coverage**, and permission to build **up to 3 floors (10 metres in height)**, the site is ideal for the construction of modern apartments designed to meet today's strong residential demand.

Adding even greater value, the property includes two existing houses that can be beautifully renovated, creating multiple investment possibilities. Whether you choose to restore them for rental income, resale, or incorporate them into a larger development project, the options are both flexible and financially attractive.

Property Highlights

Excellent opportunity for a boutique apartment development.
Building Density: 120%
Building Coverage: 70%
Development Potential: 3 floors / 10m height
Two existing houses offering renovation and income potential.
Ideal for developers, investors, or land banking.
Strong potential for high return on investment in a sought-after location.

This is a rare chance to acquire a versatile development site with immediate and long-term value. Whether your goal is to build premium apartments, renovate for rental income, or secure a high-growth investment, this property offers exceptional possibilities.

Features

  • Connected to electric mains
  • Country view
  • Easy access to highway
  • Easy access to main roads

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