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58,862 SQM Residential Plot
Episkopi Lemesou, Limassol

€10,000,000  ($11,605,869)

Property Masters

Property Masters

Reg. No. 1140, Lic. No. 580

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Compared currency flag Pay in USD and save up to $406,205

Average Bank Rate (€10,000,000)
1 USD = 0.8325 EUR
$12,012,075

Mid-market rate (€10,000,000)
1 USD = 0.8616 EUR
$11,605,869

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.

Planning Zone

Residential (Η1)

Description: Residence (Κατοικια)

Coverage: 0.7

Density: 1.2

Height: 11.4 meters

Allowed stories: 3

Development description: Policy Statement (Excluding Area 10) (Δηλωση Πολιτικης (Χωρ. Περιοχη 10))


Nearby planning zones

Commercial: 1.28 Km

Tourist: 12.73 Km

Industrial: 2.53 Km

Agricultural: 0.65 Km

Farm: 3.45 Km

Key features

  • Listing ID: 8705074 (2305)
  • Plot: 58862 sqm

Description

PRIME DEVELOPMENT LAND FOR SALE – ELLINIKA, EPISKOPI, LIMASSOL

Exceptional investment opportunity in the rapidly developing area of “Ellinika,” located on the hillside north of Episkopi.

* 10 minutes from Limassol city center
* 20 minutes from Paphos
* 5 minutes from Kourion Beach & Ancient Theatre
* 12 minutes from Lady's Mile Beach

The area offers a mild climate, low humidity, and panoramic sea views overlooking Episkopi Bay.


PLOT 19

* Total Plot Size: 27,423 m²
* Current Buildable Area (35%): 9,600 m²
* Remaining 17,823 m² expected to enter the planning zone very soon

PLOT 20

* Total Plot Size: 31,439 m²
* Current Buildable Area (56%): 17,605 m²
* Remaining 13,833 m²expected to enter the planning zone very soon

TOTAL LAND AREA – PLOTS 19 & 20

* Total Plot Size: 58,862 m²
* Current Buildable Area: 27,205 m²
* Additional 31,657 m² expected to be included in the city planning zone shortly
UPCOMING PLANNING UPGRADE

Current Planning Zone: H4
Expected New Planning Zone: H3

Planning Improvement:

* Building Density: from 40% → 60%
* Coverage Coefficient: from 25% → 45%
* Floors Allowed: 2
* Maximum Height: 8.3 meters

The local authorities have already presented plans for the expansion of the planning zone across the entire area, significantly increasing the future value and development potential of the property.

AREA DEVELOPMENT

A brand-new government residential development is currently underway nearby, consisting of more than **250 plots**. Roads and pavements have already been completed, and several homes are already constructed. The area is expected to become a modern residential community with full infrastructure and facilities.

Upon completion of the second phase, the property will have direct access from three public roads

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IDEAL FOR DEVELOPMENT

Suitable for:

* Luxury Villas & Residential Projects
* Supermarkets
* Private Schools & Universities
* Hotels & Resorts
* Luxury Retirement / Nursing Homes

SALE OPTIONS

The owners are open to:

* Selling only the currently buildable/planning-zone section
* Selling the entire property
* Discussing alternative investment proposals

A rare opportunity for investors and developers seeking high-potential land in one of the fastest-growing areas near Limassol.

Also available for exchange with additional cash consideration.
Ref no MP61328P

For privacy reasons, the advertiser has not indicated the exact address.
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