Prestigious Development Plot

Limassol

€ 1,200,000 +VAT

1,732 m2 Area
50% Build
30% Cover

Property Ref: #12056

Property Description

A prime 1732 m² residential plot located in the prestigious area of Agios Tychonas, Limassol, offering an excellent opportunity for luxury development. The property benefits from a valid planning permit for the construction of two high end villas, with building density of 50% and coverage of 30%, allowing approximately 1,500 m² of total buildable area. The plot has direct access to a public road, separate title deed, and is free of any encumbrances, making it ready for immediate development. Its sought after location and planning readiness make it an attractive opportunity for investors or private buyers looking to develop luxury residences in one of Limassol’s most desirable areas.

Property Features

Type

Residential Land

Status

Resale

Area

1,732 m2

Build

50%

Cover

30%

Even More Info

Accessibility Road

: Asphalt

Street Level

: Same

Surface

: Flat Level

Plans

Location

Ayios Tychonas, Limassol

CURRENT ASKING PRICES PRICES IN AYIOS TYCHONAS

AVERAGE PRICES TODAY

Flat Price
€ 2,714,517
House Price
€ 1,988,405
Residential Plot Price
€ 780,631

% PROPERTY TYPES

37 % Houses
25% Plots
38% Flats

% BEDROOMS

9% 1 Bed Flat
14% 2 Bed Flat
28% 3 Bed Flat
19% 3 Bed House
23% 4 Bed House
7% 5 Bed House

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 634,000
2 Bed Flat
€ 824,916
3 Bed Flat
€ 1,871,000
3 Bed House
€ 927,481
4 Bed House
€ 2,099,600
5 Bed House
€ 4,300,000

PRICE RANGE

Flats:
€ 380,000 - € 16,000,000
Houses:
€ 460,000 - € 5,500,000
Residential Plots:
€ 370,000 - € 2,600,000