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2,518 SQM Land
Akrounta, Limassol

€500,000  ($576,077)

VAT Applicable not included in the price
Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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Compared currency flag Pay in USD and save up to $20,163

Average Bank Rate (€500,000)
1 USD = 0.8386 EUR
$596,240

Mid-market rate (€500,000)
1 USD = 0.8679 EUR
$576,077

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: 8626027 (33769)
  • Plot: 2518 sqm

Description

An outstanding investment opportunity in the growing residential area of Akrounta Village, only 7 minutes from the Germasogeia roundabout with fast access to the highway and Limassol city center.
This spacious 2,518 m² plot is offered with approved planning permission for the development of 12 modern apartments, making it an ideal turnkey project for developers and investors seeking a ready-to-build opportunity in one of Limassol’s increasingly desirable suburban locations.
The sale includes all approved permits and licenses, significantly reducing development timelines and upfront planning costs.
Set in a peaceful and green environment, Akrounta combines countryside living with excellent connectivity to the city, beaches, schools, and essential amenities.

Property Highlights

Plot Size: 2,518 m²


Zone: H5

Building Density: 20%

Coverage Ratio: 30%

Approved Planning Permit for 12 Apartments

Permits & Licenses Included in Sale

Quiet Residential Area with Strong Growth Potential

Easy Access to Highway & Limassol

Location Benefits

Located in Akrounta Village, a charming village known for its peaceful atmosphere, greenery, and convenient access to the city.

Within approximately 6–10 minutes by car:

Germasogeia roundabout

Limassol–Nicosia highway

Supermarkets, bakeries, pharmacies, and daily amenities

Germasogeia Dam

Traditional taverns and cafes

Private schools and sports facilities

Within approximately 15–20 minutes:

Central Limassol

Beaches and seafront

Limassol Marina

Shopping and entertainment areas

Ideal For

Residential apartment development

Buy-to-rent investment project

Long-term capital appreciation

Developers seeking a ready-to-build opportunity


Is the planning permit already approved?
Yes, the property is sold with approved planning permission for the construction of 12 apartments.

Are the permits included in the price?
Yes, all approved permits and licenses are included in the sale price.

How far is the property from Limassol?
The plot is approximately 15–20 minutes from central Limassol and around 7 minutes from the Germasogeia roundabout.

What is the building zone?
The land falls within the H5 residential planning zone.

What are the building coefficients?
Density: 20%
Coverage: 30%

Is the area suitable for investment?
Yes. Akrounta Village is an increasingly popular area due to its peaceful surroundings, proximity to Limassol, and growing residential demand.

Is the land suitable for immediate development?
Yes, the project is ready for development since the planning permits and licenses are already secured.

What type of development is ideal for this plot?
The approved project is for 12 modern apartments, making it ideal for residential development or rental investment purposes.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8626027. 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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