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24,494 SQM Residential Land
Monagroulli, Limassol

€1,400,000  ($1,615,123)

VAT Applicable not included in the price
LifeRealty

LifeRealty

Reg. No: 1234 / Licensed No: 603/E

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Compared currency flag Pay in USD and save up to $56,529

Average Bank Rate (€1,400,000)
1 USD = 0.8375 EUR
$1,671,652

Mid-market rate (€1,400,000)
1 USD = 0.8668 EUR
$1,615,123

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 (Η6)

Description: Residence (Κατοικια)

Coverage: 0.2

Density: 0.2

Height: 8.3 meters

Allowed stories: 2

Development description: Policy Statement (Excluding Area 9) (Δηλωση Πολιτικης (Χωρ. Περιοχη 9))


Nearby planning zones

Commercial: 4.25 Km

Tourist: 5 Km

Industrial: 1 Km

Agricultural: 0.67 Km

Farm: 1.21 Km

Key features

  • Listing ID: 8447708 (3065)
  • Plot: 24494 sqm

Description

Presenting this exceptional residential field, spanning a total area of 24,494 m², ideally located in the Monagrouli area of Limassol. Just 5 minutes from the highway and 10 minutes from the beach, the property offers a rare combination of convenience and tranquillity.

The field benefits from a registered road frontage, ensuring excellent accessibility and strong development potential. It falls within the H6 residential zone, with a building density of 20% and a coverage of 20%, allowing construction up to 2 floors with a maximum height of 8.3 metres.

Additionally, the property has positive preliminary consent from the Ministry of Tourism for hotel development, including a project with 160 bedrooms and 12 maisonettes, along with facilities such as a swimming pool, gym, and tennis court.

This represents a unique opportunity for developers and investors to create a high-end residential or hospitality project in one of Limassol’s most desirable and rapidly developing areas.

Contact us today for more information.

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Disclaimer - Property reference 8447708. 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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