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5,909 SQM Land
Pissouri, Limassol

€340,000  ($386,716)

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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Average Bank Rate (€340,000)
1 USD = 0.8495 EUR
$400,251

Mid-market rate (€340,000)
1 USD = 0.8792 EUR
$386,716

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: 8972491 (34463)
  • Plot: 5909 sqm

Description

Prime Investment Opportunity in the Popular Coastal Village of Pissouri

An excellent opportunity to acquire a large touristic field in the highly sought-after village of Pissouri, Limassol District. The property is ideally located approximately 170 metres north of Agios Spyridon Church and only 900 metres from the coastline, offering excellent potential for tourism-related development in one of Cyprus' most attractive coastal destinations.

The land extends to 5,909 m² and has an almost rectangular shape with a smooth surface, making it suitable for a variety of development options permitted within the Touristic Planning Zone T3γ.

The property is currently landlocked, situated approximately 150 metres east of the nearest registered public road. Interested purchasers should seek independent professional advice regarding access arrangements and future development possibilities.

With a generous development allowance and a separate title deed, this property represents an attractive opportunity for investors and developers looking to capitalise on the continued growth of the Pissouri area.

Property Features
Location: Pissouri, Limassol District
Property Type: Touristic Development Land
Land Area: 5,909 m²
Ownership: Whole Share (100%)
Separate Title Deed
Planning Zone: T3γ (Touristic)
Building Density:
25% for permitted tourist developments
20% for other permitted developments (subject to planning regulations)
Coverage Ratio: 20%
Maximum Floors:
Up to 3 floors for tourist developments
Up to 2 floors for other permitted developments
Maximum Building Height:
13.10 metres for tourist developments
8.30 metres for other permitted developments
Almost Rectangular Shape
Smooth Surface
Approximately 900 metres from the Sea
Approximately 170 metres from Agios Spyridon Church

Investment Potential

Pissouri continues to attract both local and international buyers thanks to its beautiful beaches, charming village atmosphere, and convenient location between Limassol and Paphos. This sizeable touristic plot offers excellent long-term investment potential for developers seeking to create holiday accommodation or other tourism-related projects, subject to obtaining the necessary planning approvals.

Where is the property located?

The land is situated in Pissouri, Limassol District, approximately 170 metres north of Agios Spyridon Church and around 900 metres from the sea.

What is the size of the land?

The total land area is 5,909 m².

Does the property have a separate title deed?

Yes. The property has a separate title deed.

What planning zone does the property fall under?

The land falls within Touristic Planning Zone T3γ.

What are the development rights?

The planning regulations allow:

Building Density: 25% for tourist developments (20% for certain other permitted developments)
Coverage: 20%
Up to 3 floors for tourist developments
Maximum building height of 13.10 metres for tourist developments

Development remains subject to the applicable planning regulations and approvals.

Is the property close to the beach?

Yes. The coastline is approximately 900 metres away.

Does the property have direct road access?

No. The property is currently landlocked and lies approximately 150 metres east of the nearest registered public road. Buyers are advised to obtain independent legal and planning advice regarding access.

What type of development is the land suitable for?

Subject to planning approval, the property may be suitable for tourism-related developments permitted within the T3γ planning zone.

Is the property suitable as an investment?

Yes. Its large size, touristic zoning, proximity to the sea, and location in one of Cyprus' most popular resort villages make it an attractive opportunity for investors and developers.

For privacy reasons, the advertiser has not indicated the exact address.
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Disclaimer - Property reference 8972491. 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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