Residential Land for Sale in Panthea, Limassol, Cyprus(812 Sq.m)
Location:
We are delighted to present an exceptional opportunity to acquire a prime residential land parcel located in one of the most sought-after areas of Limassol, the vibrant and upscale neighborhood of Mesa Geitonia in Panthea, Limassol, Cyprus. This piece of land offers an ideal investment opportunity for developers, builders, or private investors looking to construct a modern residential property in a prestigious location.
Property Overview:
Price: €345,000
Location: Mesa Geitonia, Panthea, Limassol, Cyprus
Postal Code: 4008
Plot Size: 812 Sq.m
Key Features:
Planning Zone Κα10: The land is designated under the Κα10 planning zone, which is one of the most flexible and popular residential zones in Cyprus. This allows for the construction of residential buildings such as single-family homes, townhouses, or small apartment blocks, making it a versatile choice for various development projects.
Building Density: 30%
The land enjoys a building density of 30%, which means you can utilize up to 30% of the land area for construction. This feature makes the plot suitable for medium-density residential developments. The density allows for a substantial built-up area while preserving the character of the surrounding neighborhood.
Building Coverage: 20%
The land is subject to a 20% building coverage limit, meaning that only 20% of the land can be covered by the footprint of the building. This relatively low coverage ensures that the remaining area can be used for outdoor living spaces, gardens, and landscaped areas, providing a balance between construction and green space.
Maximum Number of Floors: 2
The maximum allowable number of floors is 2. This is ideal for constructing two-storey residential buildings that can cater to family living or small-scale residential projects. With two floors, there is ample opportunity to create spacious homes or apartments with modern layouts, while respecting the local character of the area.
Maximum Building Height: 10 meters
The plot allows for a maximum height of 10 meters, offering sufficient room to build two-storey properties with generous ceiling heights. The height limit ensures that developments blend harmoniously with the existing buildings in the neighborhood, maintaining the area’s aesthetic appeal and urban planning guidelines.
Location Benefits:
Proximity to Amenities: Located in the heart of Limassol, this plot is a stone’s throw away from essential amenities, including shops, schools, restaurants, cafes, and healthcare facilities. The area is known for its vibrant atmosphere, with easy access to both the commercial and residential sectors of Limassol.
Transport Links: Excellent connectivity to major roads and highways allows for easy travel around Limassol and beyond. Public transportation options are readily available, and the city center is just a short drive away.
Residential Appeal: The Panthea area is a highly desirable residential neighborhood in Limassol, known for its peaceful environment, scenic views, and close proximity to the coast. Residents enjoy a mix of tranquility and the convenience of city life, making it an ideal location for both families and professionals.
Investment Potential:
Given its central location and residential zoning, this land offers significant potential for capital appreciation. The area has experienced steady demand for residential properties in recent years, and with Limassol’s ongoing urban development and infrastructure improvements, this land is poised to become even more valuable in the future. Whether you are planning to develop for personal use or seeking to capitalize on the growing demand for high-quality residential spaces, this property is an outstanding choice.
Why Choose This Land?
Prime Location: Situated in one of Limassol’s most coveted neighborhoods, the land offers excellent prospects for both residential living and investment.
Development Flexibility: With the Κα10 planning zone designation, density, and coverage allowances, this land is ideal for various types of residential projects.
Growing Market: Limassol’s real estate market continues to thrive, and this plot is an attractive proposition for both local and international investors.
Contact Information
Our team is available to answer any questions you may have and assist you in making an informed investment decision.
For more information and to schedule a viewing, contact us.
Feel free also to call us via phone at +35799207000.