Prime Residential Corner Plot (524 sq.m.) with Planning License for 4-Storey Building Near Limassol Marina

  • Agios Ioannis, Limassol
  • Ref: 27388
€850,000
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Property details

  • Property type: Development Land
  • Plot area: 524 m²

Other information

  • Distance to amenities: 300 m
  • Distance to airport: 60 km
  • Distance to sea: 500 m
  • Distance to public transport: 100 m
  • Distance to schools: 1 km
  • Distance to resort: 2 km

Planning zones

Zone Cover factor Build factor Max height Max floors Affected percentage
ka3 50% 140% 17 m 4 -

Property description

An outstanding opportunity to acquire a 524 sq.m. residential corner plot with planning license for a 4-storey building. Located in a prime area just a 5-minute drive from Limassol Marina, Old Town, City of Dreams, and Lady’s Mile Beach, this property boasts excellent connectivity to main roads and essential amenities such as schools and bus stops. The location combines convenience with the tranquility of a central yet quiet neighborhood, making it ideal for residential development.

Approved Project Details:

Ground Floor:
- Covered parking area.

1st Floor:
- A two-bedroom apartment (90 sq.m. interior + 20 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.

2nd Floor:
- A two-bedroom apartment (90 sq.m. interior + 19 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.

3rd Floor:
- A two-bedroom apartment (90 sq.m. interior + 18 sq.m. covered veranda), both bedrooms with ensuite showers.
- A three-bedroom apartment (105 sq.m. interior + 23 sq.m. covered veranda). Two bedrooms have ensuite showers, while the guestroom shares a family bathroom.
4th Floor (Penthouse):

4th floor:
- A luxurious three-bedroom penthouse (133 sq.m. interior) with a private pool, a covered veranda (35 sq.m.), an uncovered veranda (52 sq.m.), and a spacious roof terrace (58 sq.m.). The master bedroom features an ensuite shower, while a family bathroom serves the two other bedrooms. Additionally, there is a guest toilet.

This property is exempt from VAT and transfer fees.

Features

  • Corner
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route

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