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1,554 SQM Tourist Plot
Potamos Germasogeias, Limassol

€650,000  ($743,641)

VAT Applicable not included in the price
Investia Estate Agents

Investia Estate Agents

Reg. No. 509/ Lic. No.255/E

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Compared currency flag Pay in USD and save up to $26,027

Average Bank Rate (€650,000)
1 USD = 0.8445 EUR
$769,668

Mid-market rate (€650,000)
1 USD = 0.8741 EUR
$743,641

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

Tourist (ΤΓ5)

Description: Tourist Zones With Regional Use The Offices (Τουριστικες Ζωνες Με Επικρατουσα Χρηση Τα Γραφεια)

Coverage: 0.5

Density: 1

Height: 13.5 meters

Allowed stories: 3

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.44 Km

Commercial: 0.66 Km

Industrial: 1.78 Km

Agricultural: 2.98 Km

Farm: 6.07 Km

Key features

  • Listing ID: 8711131 (8359)
  • Plot: 1554 sqm

Description

Strategic share of plot, ideal for residential or touristic development, situated in the prime coastal area of Potamos Germasogeias, Germasogia, Limassol. Property Highlights: • Total Plot Area: 1,554sq.m. (1/4 share, approximately 388sq.m.) • Frontage: Approximately 17m of road frontage on Mouson Street • Shape & Terrain: Regular shape with relatively flat terrain, offering optimized building efficiency and easy accessibility. • Infrastructure: Benefiting from direct access to registered asphalt roads, pedestrian connectivity, and close proximity to existing utility networks and urban infrastructure. Investment Potential: This well-positioned parcel represents an attractive opportunity for a boutique residential or touristic development in one of Limassol’s most sought-after coastal areas. Its strategic location near the beachfront and surrounding high-end developments allows for flexible planning and strong long-term capital appreciation potential. • Key Features / Why Invest: o Development Ready: Flat topography and registered road access reduce preliminary development costs. o Prime Coastal Area: Located within the highly desirable Potamos Germasogeias tourist district, an area with continuous demand for residential and holiday properties. o Value Retention: Excellent location near Dasoudi Beach and the Limassol tourist area enhances resale and rental potential. Location: • Located within the coastal zone of Potamos Germasogeias, • Approximately 300m north of Dasoudi Beach • Approximately 270m northwest of the Limassol Olympic Swimming Pool. The property is surrounded by established residential developments, tourist accommodations, and urban amenities, ensuring strong long-term value appreciation. Planning Zone: • Touristic Zone: ΤΓ5 • Permitted Uses: Hotels, tourist villas/apartments, offices, and residential developments • Building density: 100% • Coverage: 50% (up to 3 floors, max height of 13.5m) There is a Distribution Agreement in place.

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