A rare opportunity to acquire a premium residential development plot in the highly sought-after Katholiki area of Limassol. Ideally positioned in the heart of the city, this 640m² plot is within walking distance of the Limassol Marina, the seafront, the Old Town, restaurants, cafés, shops, schools, and all essential amenities.
Offering an outstanding combination of location, development potential, and investment value, this property is ideal for the construction of a modern apartment building in one of Limassol's most established and rapidly evolving residential neighborhoods.
Key Location Highlights:
-Just 700m from the Limassol Marina and the beach.
-Only 3 km from the highway, providing quick access to all areas of the city.
-Approximately 4.5 km from the City of Dreams Mediterranean Casino Resort and MyMall Limassol.
-Walking distance to schools, supermarkets, public services, shops, and public transport.
Property Features:
-Plot Size: 640m²
-Regular square shape with a flat surface, minimizing construction costs.
-Approximately 24m road frontage, offering excellent architectural flexibility and street presence.
-Planning Zone: Ka3 (Residential)
-Building Density: 140%
-Coverage Ratio: 50%
-Maximum Floors: 4
Excellent development potential for a boutique residential apartment project.
An additional advantage is that the property is VAT exempt, offering significant savings for developers and investors.
Whether you are looking to develop and sell, build a long-term rental investment, or secure a prime piece of real estate in central Limassol, this plot represents an exceptional investment opportunity with strong future growth prospects.
Contact us today for more information or to arrange a viewing.
