A rare opportunity to acquire 1,350 m² of commercial development land in the highly sought-after Agia Paraskevi area of Germasogeia, one of Limassol's most established and rapidly developing neighbourhoods. The property is offered with approved planning and building permits, allowing the new owner to commence development immediately and significantly reducing the time and costs associated with the licensing process. The plot has permits to build an office building with 1,200m2 Net office Area and 1,512m2 including communal areas, basement and verandas, with 23 parking spaces.
Property Highlights:
-Land Area: 1,350 m²
-Approved Planning & Building Permits Included
-Building Density: 60%
-Coverage: 35%
-Maximum Floors: 2
-Maximum Building Height: 10 m
-Excellent investment opportunity
-Ideal for immediate residential development
Location Highlights :
-1 minute to the motorway
-5 minutes to Foley's School
-5 minutes to supermarkets and daily amenities
-810 minutes to Limassol city centre
-Approximately 10 minutes to the beachfront and tourist area
-Close to private and public schools, pharmacies, cafés and restaurants
With planning and building permits already secured, this property offers a turnkey opportunity for developers and investors looking to begin construction without lengthy approval procedures. Combined with its excellent location and attractive planning parameters, it represents an outstanding opportunity in one of Limassol's strongest residential markets.
Contact RE/MAX Cyprus today to arrange a viewing or request further information.
