Residential Plot 582 m²

An exceptional development and investment opportunity in the heart of Limassol! Situated in the highly sought-after residential area of Agios Nikolaos, this 582m² residential plot offers excellent development potential, benefiting from an impressive 120% building density and a prime central location. With its generous size and favourable planning regulations, the property presents an attractive opportunity for developers and investors looking to capitalise on the strong demand for quality residential accommodation in one of Limassol’s established and desirable neighbourhoods. 🏡 Property Features: ✔️ Plot Size: 582m² ✔️ Planning Zone: Κα4 – Residential ✔️ Building Density: 120% ✔️ Building Coverage: 50% ✔️ Maximum Floors: 3 ✔️ Maximum Building Height: 13.5m ✔️ Potential Buildable Area: 727,50m² ✔️ 100% Within Residential Planning Zone ✔️ Established Residential Neighbourhood ✔️ Excellent Development & Investment Potential 📈 Development & Investment Highlights: ✔️ High Building Density: The 120% density allows for approximately 727,50m² of permissible building area, providing excellent scope for a multi-unit residential development, subject to planning approval. ✔️ Generous Plot Size: At 582m², the land provides flexibility for an efficiently designed apartment development with attractive unit configurations. ✔️ Strong Investment Potential: An opportunity to develop apartments for individual resale or retain units as income-generating rental investments. ✔️ Prime Central Location: Agios Nikolaos is an established residential district with convenient access to Limassol’s commercial centre, seafront, schools, shops and essential amenities. ✔️ Attractive Development Economics: The combination of plot size, high building density and central location creates an appealing proposition for developers seeking to maximise the potential return on their investment. 📍 Location: The area’s central location and accessibility make it particularly appealing for both owner-occupiers and prospective tenants, supporting its potential for residential development. 🔑 A compelling opportunity to secure a generously sized residential development plot with 120% building density in a prime Limassol location, offering excellent potential for capital appreciation, residential development and long-term investment returns. 📞 Contact us today for further information, pricing details or to discuss the development potential of this property. [PN]