Prime Development Plot with Licenses for 3-Storey Building right in the Heart of the City Centre

  • Apostolou Petrou & Pavlou, Limassol
  • Ref: 29903
€1,050,000+VAT
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Property details

  • Property type: Development Land
  • Plot area: 744 m²
  • Title deed: Yes

Other information

  • Distance to amenities: 300 m
  • Distance to airport: 60 km
  • Distance to sea: 3 km
  • Distance to public transport: 300 m
  • Distance to schools: 300 m
  • Distance to resort: 3 km

Planning zones

Zone Cover factor Build factor Max height Max floors Affected percentage
ka4 50% 120% 13.5 m 3 -

Property description

An outstanding opportunity to acquire a 744 m² development plot with full planning licence for a three-storey residential building. Nestled just 200–300 m from the main roads yet tucked into a quiet, leafy enclave of Petrou & Pavlou, this site combines seamless access to schools, shops, cafés, bus stops and green pockets with the tranquillity of a central-residential address. The beach is 3 km away, Limassol Marina and Old Town are a short drive, and essential amenities sit on your doorstep.

Approved Project Details:

Ground Floor:
- Covered parking area

1st Floor:
- Three 2-bedroom apartments (79–83 m² interior + 13–23 m² covered veranda), each with one bathroom
- One 1-bedroom apartment (50 m² interior + 14 m² covered veranda), one bathroom

2nd Floor
- Three 2-bedroom apartments (79–83 m² interior + 13–23 m² covered veranda), each with one bathroom
- One 1-bedroom apartment (50 m² interior + 14 m² covered veranda), one bathroom

3rd Floor:
- One 2-bedroom apartment (79 m² interior + 13 m² covered veranda), one bathroom + guest WC
- One 1-bedroom apartment (50 m² interior + 14 m² covered veranda), one bathroom
- One 3-bedroom penthouse (110 m² interior + 46 m² covered verandas + 42 m² uncovered verandas) with two bathrooms, guest WC and private roof garden (42 m² covered verandas + 114 m² uncovered verandas)

The price is not subject to VAT.

Features

  • Easy access to highway
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route
  • Prime land
  • Quiet area

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