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5,603 SQM Land
Agios Tychonas, Limassol

€5,000,000  ($5,707,750)

2Buy and 2Let

2Buy and 2Let

Reg. No: 1159/ Licensed No: 574

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $199,771

Average Bank Rate (€5,000,000)
1 USD = 0.8464 EUR
$5,907,521

Mid-market rate (€5,000,000)
1 USD = 0.8760 EUR
$5,707,750

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8946912 (10726)
  • Plot: 5603 sqm

Description

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 privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€196,600 ($224,429)
If buying on joint names
€193,200 ($220,547)

Disclaimer - Property reference 8946912. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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