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Residential Field 8870 m²

Limassol, Parekklisia
Posted: Yesterday 11:09 Ad ID: 6329060
Residential Field 8870 m²-1 Residential Field 8870 m²-2 Residential Field 8870 m²-3 Residential Field 8870 m²-4
  • Density: 30%
  • Coverage: 20%
  • Land type: Field
  • Plot area: 8870 m²
  • Plot Type: Residential
  • Postal code: 4520
  • Planning zone: H5
  • Online viewing: Νο
  • Square meter price: €203 /m²
Location: Limassol — Parekklisia
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An outstanding opportunity to acquire a premium hillside development site in Pareklissia, offering unobstructed panoramic sea views and exceptional potential for a boutique residential project.

The offering comprises a substantial development parcel of approximately 8,870 sqm, to be transferred through subdivision from a larger landholding. The site will consist primarily of the western section of the property, complemented by an additional eastern portion, creating an efficient and versatile layout for development.

Positioned within the H5 residential planning zone (30% building density), the land is ideally suited for the development of high-quality villas in a peaceful elevated setting, just minutes from Limassol.

🔹 Key Development Parameters

-Land area: Approx. 8,870 sqm

-Planning zone: H5

-Building density: 30%

-Estimated net area after subdivision: Approx. -7,100 sqm (subject to planning allocation)

-Estimated buildable area: Approx. 2,100 sqm

🔹 Site Configuration & Subdivision

The property will be transferred as a newly defined land parcel, with final boundaries established through subdivision. The proposed configuration—featuring a dominant western section and a complementary eastern portion—offers flexibility for internal road planning, plot arrangement, and optimized positioning of villas to maximize views and privacy.

🔹 Development Potential

Ideal for a boutique project of 5–7 luxury villas, capitalizing on elevation, privacy, and panoramic sea views—key drivers of premium residential values in the Limassol market.

🔹 Investment Highlights

-Prime elevated position with uninterrupted sea views

-Sought-after residential area in Pareklissia

-Low-density zoning supporting exclusivity

-Efficient site configuration for villa development

-Strong resale potential for premium residential units

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€1.800.000
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Albrook Properties Limited Albrook Properties Limited
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Posting since dec, 2020

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