Beachside With Plans And Permits

Limassol

€ 2,600,000 +VAT

4,003 m2 Area
30% Build
20% Cover

Property Ref: #12067

Property Description

A 4,003 m² development plot in the highly sought after area of Agios Tychonas, just 800 metres from the beach and the Four Seasons Hotel. The plot benefits from 30% building density and comes with architectural plans already submitted for the development of 8 houses and 3 shops, significantly reducing the time required for a new owner to move forward with the project. Located in one of Limassol’s most prestigious coastal areas, the property offers excellent development potential for a boutique residential project with commercial frontage, within walking distance of the seafront, luxury hotels, restaurants, and amenities. With planning work already advanced, this plot provides investors and developers with the advantage of saving valuable time in the planning process, allowing the project to progress more efficiently.

Property Features

Type

Residential Plot

Status

Resale

Area

4,003 m2

Build

30%

Cover

20%

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