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Description: Tourist Zones (Τουριστικες Ζωνες)
Coverage: 0.25
Density: 0.6
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Residential: 0.49 Km
Commercial: 0.42 Km
Industrial: 1.97 Km
Agricultural: 1.6 Km
Farm: 4.64 Km
Prime Development Land in Potamos Germasogeias, Limassol.An exceptional investment opportunity in one of Limassol’s most sought-after locations, Potamos Germasogeias. This strategically positioned development plot offers strong residential or mixed-use development potential, with planning studies completed and plans ready for submission.Key Investment HighlightsNet Plot Area: 3,904 m²Total Land Area: 5,176 m²Green Area: 1,272 m²Building Zone: T1βTotal Sellable Area: Approximately 3,952–3,970 m²Asking Price: €4,200,000Price per Sellable m²: Approx. €1,057–€1,062/m²Estimated Rental Value: €50/m²Development PotentialThe plot benefits from attractive planning parameters and development incentives:Net Development Area: 3,904 m²Building Density: 60% = 2,342 m²Planning Incentives: 20% = 468 m²Energy Efficiency Bonus: 5% = 117 m²Total Buildable Area: 2,927 m²Additional allowances:Covered Balconies (25%): 732 m²Common/General Building Areas (10%): 293 m²Total Estimated Sellable Area: 3,952–3,970 m²OpportunityLocated in the heart of Potamos Germasogeias, one of Limassol’s highest-demand residential and investment districts, this plot presents an ideal opportunity for the development of premium apartments, serviced residences, or a boutique residential project. With planning preparations already completed and submission-ready, developers can significantly accelerate the project timeline and capitalize on strong market demand in the area.Price: €4,200,000Approximate Sellable Area Value: €1,060/m²A rare turnkey development opportunity in a prime coastal location with excellent prospects for both capital appreciation and rental returns.
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