Prime Development Opportunity

Limassol

€ 3,125,000 +VAT

2,423 m2 Area
120% Build
50% Cover

Property Ref: #8521

Property Description

Strategically positioned in Agios Spyridon area, with access to 3 roads, proximity to key amenities, transportation routes, and population centres, this land promises to be the cornerstone of your next successful project. Whether you're envisioning a bustling commercial hub, or a dynamic mixed-use development, the flexible zoning regulations provide the perfect canvas to turn your dreams into reality. Ideal for developers seeking a prime location to make their mark, investors looking to capitalise on the area's growth potential, and entrepreneurs with a vision for transformative development, this land offers limitless possibilities for innovation and success. Imagine the possibilities as you explore the generous building allowances available for this land. With building factors of 56% for 120%, 46% for 100%, and 100% coverage, the stage is set for creating a masterpiece that exceeds expectations and delivers exceptional returns on investment.

Property Features

Type

Commercial Land

Status

Resale

Area

2,423 m2

Build

120%

Cover

50%

Even More Info

Accessibility Road

: Asphalt

Electricity

Registered Road

Street Level

: Same

Surface

: Flat Level

Plans

Location

Kato Polemidia, Limassol

CURRENT ASKING PRICES PRICES IN KATO POLEMIDIA

AVERAGE PRICES TODAY

Flat Price
€ 360,034
House Price
€ 370,000
Residential Plot Price
€ 770,000

% PROPERTY TYPES

3 % Houses
6% Plots
91% Flats

% BEDROOMS

17% 1 Bed Flat
41% 2 Bed Flat
41% 3 Bed Flat

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 254,400
2 Bed Flat
€ 336,666
3 Bed Flat
€ 427,416

PRICE RANGE

Flats:
€ 215,000 - € 570,000
Houses:
€ 370,000 - € 370,000
Residential Plots:
€ 750,000 - € 790,000