Reference ID: #SA38190
Price details: €650,000 +VAT
Strategic share of plot, ideal for residential or touristic development, situated in the prime coastal area of Potamos Germasogeias, Germasogia, Limassol.
Property Highlights:
• Total Plot Area: 1,554sq.m. (1/4 share, approximately 388sq.m.)
• Frontage: Approximately 17m of road frontage on Mouson Street
• Shape & Terrain: Regular shape with relatively flat terrain, offering optimized building efficiency and easy accessibility.
• Infrastructure: Benefiting from direct access to registered asphalt roads, pedestrian connectivity, and close proximity to existing utility networks and urban infrastructure.
Investment Potential:
This well-positioned parcel represents an attractive opportunity for a boutique residential or touristic development in one of Limassol’s most sought-after coastal areas. Its strategic location near the beachfront and surrounding high-end developments allows for flexible planning and strong long-term capital appreciation potential.
Key Features / Why Invest:
Development Ready: Flat topography and registered road access reduce preliminary development costs.
Prime Coastal Area: Located within the highly desirable Potamos Germasogeias tourist district, an area with continuous demand for residential and holiday properties.
Value Retention: Excellent location near Dasoudi Beach and the Limassol tourist area enhances resale and rental potential.
Location:
• Located within the coastal zone of Potamos Germasogeias,
• Approximately 300m north of Dasoudi Beach
• Approximately 270m northwest of the Limassol Olympic Swimming Pool.
The property is surrounded by established residential developments, tourist accommodations, and urban amenities, ensuring strong long-term value appreciation.
Planning Zone:
• Touristic Zone: ΤΓ5
• Permitted Uses: Hotels, tourist villas/apartments, offices, and residential developments
• Building density: 100%
• Coverage: 50% (up to 3 floors, max height of 13.5m)
There is a Distribution Agreement in place.
