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561 SQM Residential Land
Tsirion, Limassol

€1,300,000  ($1,479,256)

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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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $51,774

Average Bank Rate (€1,300,000)
1 USD = 0.8491 EUR
$1,531,030

Mid-market rate (€1,300,000)
1 USD = 0.8788 EUR
$1,479,256

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 (ΚΑ5)

Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)

Coverage: 0.5

Density: 1

Height: 13.5 meters

Allowed stories: 3

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


Nearby planning zones

Commercial: 0.2 Km

Tourist: 4.83 Km

Industrial: 2.97 Km

Agricultural: 2.16 Km

Farm: 7.19 Km

Key features

  • Listing ID: 8863142 (34103)
  • Plot: 561 sqm

Description

An exceptional development opportunity in the highly sought-after Tsirio area of Limassol.

The property consists of a 561m² residential plot with 100% building density, offering excellent potential for developers, investors, or owner-occupiers looking to maximize the site's value.

Ideally located with easy access to the highway and within walking distance of major roads, shops, schools, services, and all everyday amenities.

The plot currently features an existing building of approximately 300m² comprising:

* Ground-floor shop
* One 2-bedroom apartment
* One 3-bedroom apartment
* Existing permit for the construction of an additional floor

This creates a unique opportunity to either:

* Renovate and utilize the existing structure while developing the remaining land, or
* Demolish the current building and construct a modern residential development maximizing the available density.

Key Features:

* Plot size: 561m²
* Building density: 100%
* Existing building: approx. 300m²
* Permit for additional floor
* Walking distance to amenities
* Easy highway access
* Suitable for residential or mixed-use redevelopment
* Not subject to VAT

A rare opportunity in one of Limassol's most established and high-demand locations.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€48,600 ($55,301)
If buying on joint names
€45,200 ($51,433)

Disclaimer - Property reference 8863142. 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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