Residential Plot For Sale In Agios Tychonas, Limassol, Cyprus (6670 Sq.m)

Residential Plot For Sale In Agios Tychonas, Limassol, Cyprus (6670 Sq.m)

Exceptional Location and Sea Views

This exceptional plot of land, located in the prestigious area of Agios Tychonas, Limassol, Cyprus, offers an unparalleled opportunity for luxurious development. Just 1.1 kilometers from the beach, this 6670 Sq.m piece of land boasts stunning, unobstructed sea views, providing the perfect setting for an exclusive residential project.

Planning and Division Permits in Place

The property comes with all necessary planning and division permits, making it virtually ready for development. A division permit has been obtained for the creation of five plots, each measuring 833 m², with one additional plot of 711 m². Internal and external divisions have already been completed, and certificates confirming the executed works are in place. The land division permit is expected to be issued within a few days, ensuring a smooth development process.

Additional Land and Reduced Green Space Requirement

In addition, 340 m² of land have been transferred from a neighboring plot, reducing the required green space from 15% to just 10%. As a result, the actual land area now totals 6,670 m², maximizing the land’s potential for development.

Development Flexibility and Pricing

The price is €4,800,000 Euros offering flexibility for various types of development, whether for a unified project of ten luxurious homes or a series of ultra-luxurious villas. The plot is ideally situated just 425 meters from the highway, ensuring easy access while avoiding heavy traffic, and is set in a newly developed neighborhood with luxury villas. The elevated position guarantees that the mesmerizing sea views will remain unobstructed, adding significant value to the property.

Building Density and Development Potential

With a building density of 30%, which is expected to increase to 50% by 2026, the plot offers ample opportunities for residential development. Its regular, level shape ensures minimal ground works, making it an efficient and cost-effective investment.

Option for Partial Purchase

For those interested in acquiring fewer plots, there is the option to purchase a minimum of three, with the developer willing to bear the cost of dividing the land. Whether you are looking to build a single, grand luxury villa or a larger-scale development, this land presents endless possibilities.

Contact Information

Don’t miss the chance to invest in this rare and stunning property in one of Limassol’s most sought-after locations.

For more information and to schedule a viewing, contact us. 

Feel free also to call us via phone at +35799207000.