Reference ID: #SA38141
Price details: €4,800,000
A rare opportunity to acquire a permitted residential development site in a prime location of Germasogeia, Limassol.
Property Details
Location: Germasogeia, Limassol (Ayia Paraskevi area)
Total land area (after subdivision): 4,470 m²
Title deed: Available
Zone: Κα7 – Residential
Max allowed height: 13.5 meters
Max allowed floors: 3
Coverage ratio: 45%
Density ratio (building coefficient): 80%
Approved Planning Permit Includes
Construction of four (4) residential buildings
Total approved built area (after +5% for renewables): 3,420 m²
Basement parking, storage rooms, lift, pool
Green areas and public spaces included
All utility connections (water, sewage, electricity – underground) approved
EAC substation plot secured within the development
Why this is an excellent investment
Planning Permit ready – no delays, no uncertainty
Walking distance to amenities, schools, and commercial areas
Strong rental & resale demand in Germasogeia
Option to increase floors beyond the standard (negotiable with municipality)
All infrastructure costs already paid (water board, sewage, road works)
Interactive map showing the area around the property. latitude 34.7126641 and longitude 33.0568257 Radius: 0.5 km Use the plus and minus buttons to zoom in and out.