Residential Development Opportunity in Fasoula: Fully Designed Project with Planning Permits
- Fasoula Lemesou, Limassol
- Ref: 29608
€950,000+VAT
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Property details
- Property type: Development Land
- Plot area: 5,867 m²
- Title deed: Yes
Other information
- Distance to amenities: 1 km
- Distance to airport: 70 km
- Distance to sea: 12 km
- Distance to public transport: 1 km
- Distance to schools: 5 km
- Distance to resort: 12 km
Planning zones
| Zone | Cover factor | Build factor | Max height | Max floors | Affected percentage |
|---|---|---|---|---|---|
| h3 | 35% | 60% | 8.3 m | 2 | - |
Property description
A unique investment opportunity to acquire a fully planned residential development project in the serene village of Fasoula, just minutes from Limassol. The plot spans 5,867m² with 60% building density and 35% coverage, offering a net buildable area of approximately 2,650m² plus covered verandas.
The proposed development includes 9 detached villas and 5 apartments, with modern architectural design and panoramic hillside views. The layout offers privacy, functionality, and marketable appeal — ideal for long-term investment or resale.
Key completed milestones:
• Topographical survey
• Geotechnical study
• Full architectural plans
• Planning permit for land division (approved March 2024)
• Marketing brochure, technical specs, and 3D renders
• Pre-costing BoQ and feasibility study
With an anticipated ROI of 25%, this is a rare chance to step into a ready-to-launch development with minimal risk and strong returns.
Features
- City view
- Elevated
- Investment opportunity
- Prime land
- Quiet area
- Sea view
- Village view
