Bazaraki
Property 6223779
Limassol · EUR 27,000,000 · Unknown type
Reference ID: #SA37649 Price details: €27,000,000 Prime Development Land in Limassol – Investment Opportunity Overview A rare opportunity to acquire a 5,822 sq.m. plot of land located in one of Limassol’s most sought-after tourist areas. The property is ideally positioned for large-scale development and offers excellent potential for a multi-storey building. Location • Situated in a prime tourist zone of Limassol • High demand area with strong year-round activity • Close to hotels, beaches, amenities, and major road networks • Excellent accessibility for residents, tourists, and investors Development Potential • Ideal for high-rise / multi-storey development • Suitable for: • Luxury residential apartments • Mixed-use development (residential & commercial) • Tourist accommodation or serviced apartments • Strong potential for high ROI due to location and zoning prospects Key Advantages • Large land area: 5,822 sq.m. • Located in a high-growth, high-demand market • Ideal for landmark development • Excellent investment for long-term capital appreciation • Limassol remains one of the strongest real estate markets in Cyprus Investment Highlights • Limited availability of large plots in tourist zones • Increasing demand for modern, high-quality developments • Strong interest from international buyers and investors • Strategic opportunity for developers seeking scale and visibility This property represents an exceptional development opportunity in one of Cyprus’ most dynamic cities. Its size, location, and development potential make it ideal for investors looking to create a high-value, multi-storey project in Limassol’s tourist market. Area: 5,822m2 Category: FIELD Development Plan: LIMASSOL LOCAL PLAN Political Zone: Eβ5(21%) ΚΓ5α(79%) Zone Description AREA WITH PREDOMINANT USE RESIDENTIAL AND OFFICES Building: 120% 100% Coverage: 50% 50% Floor Plans: 3, 3, Height: 13.5m 13.5m
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