Land for Sale in Limassol

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€1,550,000 EUR

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Ref 2194347 | Limassol, Limassol | Land

Currency services provided by PureFX 1,550,000 EUR  |  Approx.£1,334,705 GBP  |  Approx. US$1,658,810 USD
  • Type: Land
  • Location: Limassol
  • Province: Limassol
  • Country: Cyprus
  • Bedrooms: 0
  • Bathrooms: 0

We are very proud to announce the launch of latest land project for sale.

This Residences is a unique piece of Land situated in an up and coming area only minutes away from the existing water park, the future Casino and Future Lantis Golf Course.

Demand in this area is very high especially from overseas investors to take advantage of the areas very large growth potential.

We expect prices to increase in the near future especially for large pieces of land.

The land is 12.510 m2 with building density of 40%. The total buildable area is 5500 m2 including covered verandas and the asking price is 1.550.000 euros ie 280 euros /saleable sq.m.

There is a feasibility study in place to build a gated development consisting of 28 apartments and 10 villas with green common areas and a common swimming pool.

Project Location

Conveniently located southwest of Limassol historic town center in the Akrotiri Peninsula in one of the city's most upcoming areas.
just a few minutes' drive away from the islands biggest shopping mall, Fasouri Watermania waterpark, the upcoming Lanitis Golf course, and 5 star Casino Resort.

Also, only a 10-minute short drive is the unspoiled beaches of Curium and Lady's Mile.
The area is being rapidly transformed into the island's luxury residential and entertainment focal point as a result of the multimillion worth infrastructure investments including the marina of Limassol, the Casino Resort and the Lanitis Golf Course.

residential development comprising of 28

apartments of 1, 2 and 3 bedrooms and 10 luxury villas. Over 75% of the area is allocated to the landscaped gardens with mendering paths, panoramic surroundings and a wo-eerfswimmingpool.

Fresh and modern design situated in
a green peaceful area only 10 minutes away from the Limassol centre. Ÿ There are a number of factors which

will be key to the success of the project:

- The project is located only a short- drive west of Limassol centre

- Close to the city centre but seclusive away from the busy hub of the city, offering the ultimate tranquility and calmness

- Primary market: China, Russia, and other Eastern European countries, The Middle East

- In addition to the primary market the local market as well as people working in the nearby Golf development, Casino, Waterpark, Mall and the recently privatized main Cyprus Port will be a key target group

- Investors looking for returns as a result of the island’s recovery and future outlook

- Permanent residency permit and Naturalization by Investment

About Limassol

Limassol is the most cosmopolitan city in Cyprus renowned for its vibrant atmosphere and spontaneous hospitality.
Retaining the character of its rich and colorful history, the city also serves as a thriving commercial center for its international community.

Whether for business or pleasure, Limassol offers a wealth of variety: from fashionable boutiques, gourmet restaurants, trendy bars and clubs, to cultural events and festivals.

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