Build Ready Mixed Use Plot

Limassol

€ 990,000 +VAT

2,927 m2 Area
60% Build
35% Cover

Property Ref: #12068

Property Description

A prime 2,927 m² mixed use development plot located in the sought after residential area of Agia Fyla, Limassol. The property comes with architectural plans ready for a mixed-use development consisting of 15 residential apartments and 3 shops, offering an excellent opportunity for developers to proceed efficiently with the project. The residential component includes a well balanced unit mix designed to appeal to a wide range of buyers and tenants: 4 three bedroom apartments, 7 two bedroom apartments, 4 one bedroom apartments. Situated in a popular residential neighbourhood with easy access to the highway, schools, and city amenities, the plot is ideal for a modern residential building with commercial units at ground level, catering to the strong demand in the area. With plans already prepared, the project allows developers to save valuable time in the planning process and move more quickly toward construction.

Property Features

Type

Land

Status

Resale

Area

2,927 m2

Build

60%

Cover

35%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Plans

Location

Ayia Phyla, Limassol

CURRENT ASKING PRICES PRICES IN AYIA PHYLA

AVERAGE PRICES TODAY

Flat Price
€ 464,684
House Price
€ 1,939,000
Residential Plot Price
€ 595,625

% PROPERTY TYPES

16 % Houses
25% Plots
59% Flats

% BEDROOMS

15% 1 Bed Flat
60% 2 Bed Flat
20% 3 Bed Flat
5% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 290,333
2 Bed Flat
€ 420,583
3 Bed Flat
€ 727,750
5 Bed House
€ 1,495,000

PRICE RANGE

Flats:
€ 280,000 - € 1,153,000
Houses:
€ 450,000 - € 3,800,000
Residential Plots:
€ 415,000 - € 850,000