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5,867 SQM Residential Plot
Fasoula Lemesou, Limassol

€950,000  ($1,099,468)

VAT Applicable not included in the price
FIRST CLASS HOMES

FIRST CLASS HOMES

Reg. No: 1256 | Lic. No: 258/E

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Compared currency flag Pay in USD and save up to $38,481

Average Bank Rate (€950,000)
1 USD = 0.8348 EUR
$1,137,950

Mid-market rate (€950,000)
1 USD = 0.8641 EUR
$1,099,468

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 (Η3)

Description: Residence (Κατοικια)

Coverage: 0.35

Density: 0.6

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Excluding Zone 7) (Δηλωση Πολιτικης (Χωρ. Περιοχη 7))


Nearby planning zones

Commercial: 3.12 Km

Tourist: 9.03 Km

Industrial: 3.39 Km

Agricultural: 0.41 Km

Farm: 6.96 Km

Key features

  • Listing ID: 1792869 (57765)
  • Plot: 5867 sqm
  • Road

Description

Prime Development Opportunity – Villas & Apartments Project with Full Planning Permit in Progress.A strategically positioned development site of 5,867 m², this project offers a compelling investment opportunity with 60% building density and 35% site coverage, yielding a net buildable area of approximately 2,650 m² plus covered verandas.The project envisions a thoughtfully planned residential community comprising 9 upscale villas and 5 modern apartments, designed to appeal to both end-users and investors.Project Status:Significant progress has been made, ensuring a smooth transition for the next owner:Topographical Survey – CompletedGeotechnical Study – CompletedArchitectural Drawings – CompletedPlanning Permit – Submitted; approval expected by July 2025Building Permit – Not yet submittedMarketing Collateral – Brochure, renders, and technical specifications finalizedFeasibility Study & BoQ – Completed and availableSeller Deliverables:Full planning and land division permits upon issuanceComplete set of designs and technical studies up to planning stageOption to retain or replace the existing consultant teamThis project is ideal for developers seeking a ready-to-go opportunity with high market appeal and minimal preliminary risk.

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