***Planning Permission Pending For The Construction Of An Apartment Building***
Ultra-Prime Corner Plot Opposite Park –
Prestigious Central Limassol Location – Exceptional Development Opportunity
A rare opportunity to acquire a premium corner residential plot in one of Limassol’s most prestigious central locations, directly opposite a large public park in Katholiki, Limassol. This exceptional property combines prime positioning, park frontage, and high development density, making it ideal for a luxury residential project.
Property Highlights:
• Plot size: 301 m²
• Building density: 140%
• Coverage ratio: 50%
• Prime corner plot with dual frontage
• Directly opposite a large park with permanent open views
• Premium residential zone
• Includes existing structure with redevelopment potential
Elite Development Advantages:
This plot is perfectly suited for the development of high-end boutique apartments or an exclusive residential building, offering future residents unobstructed park views and a prestigious city-center address.
Its strategic location provides immediate access to Limassol’s most important lifestyle destinations, including walking distance access to Garyllis Linear Park and close proximity to the seafront and Limassol Marina.
Premium Location Benefits:
• Park-front position ensures long-term value and desirability
• Highly sought-after central residential district
• Ideal for luxury apartments targeting professionals and investors
• Strong capital appreciation potential
• Limited availability of comparable central corner plots
Corner plots with park frontage in central Limassol represent some of the most valuable and secure real estate assets, offering developers the opportunity to create a landmark residential project in a prime urban setting.
The plot comes with prepared architectural plans for a residential apartment building. Planning permission has already been approved, and the building permit is expected to be issued soon.
This offers a great opportunity for developers or investors to proceed quickly with construction in a prime location.
A truly rare investment opportunity in the heart of Limassol.
No VAT is applicable to this property.
Open also to properties exchange.
Address: Sofias Tsirou 7, 3021, Limassol.
