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A prime 5,600 sq. metre residential development plot located in the prestigious area of Agios Tychonas, Limassol — one of most sought‑after luxury residential zones.
The property comes with fully approved planning and building permits issued prior to November 2023, ensuring eligibility for the old VAT regime, a significant financial advantage for developers.
This ready‑to‑build project includes permits for six high‑end luxury villas, designed to meet the strong demand for premium residential properties in the Limassol market. With a total buildable area of 2,940 sq. metres, plus additional covered / uncovered verandas and parking slots, the development offers excellent flexibility for spacious layouts, private pools, landscaped gardens, and panoramic outdoor areas.
Strategic Location for High‑End Development
The combination of location, permits, and development potential positions this plot as a turnkey investment opportunity with strong resale value and high ROI potential.
Development Highlights
Plot Size: 5,603 sq. metres
Permitted Buildable Area: 2,940 sq. metres
Additional Covered Verandas: Included
Permits: Planning & Building Permits issued before Nov 2023 (old VAT regime)
Project Type: Six luxury detached villas
The project is ideal for developers seeking a premium residential scheme with minimal administrative delays and immediate construction readiness.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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