Residential Plot 530 m²
530 m² development plot in Katholiki, central Limassol, offered via acquisition of the holding company (SPV). Planning application was submitted approximately four months ago for an eleven-unit residential scheme across four floors. Permit issuance is expected within four to six months from now.
Plot & planning parameters
Plot area: 530 m²
Total permitted building density: 150.99%
Maximum buildable area: approximately 800 m²
Planning permit: submitted, under review
Approved scheme — 11 units across 4 floors
6 two-bedroom apartments (including 1+1 layouts)
3 one-bedroom apartments
2 three-bedroom penthouses with private roof gardens
14 secure parking spaces, passenger lift, covered verandas, landscaped areas
Transaction structure
The plot is held within a single-purpose vehicle (SPV). The buyer acquires 100% of the company's share capital. Title remains with the company — no Land Registry transfer takes place, and no property transfer fees apply. The planning application and architectural drawings carry across with the company.
Asking price: €1,100,000
Full documentation available upon request. Site visits by appointment.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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