Overview
- Property ID
- 146361
Description
An exceptional investment opportunity in Pyrgos area, Limassol — a prime residential plot spanning 7,855 sqm with approved planning permits and full architectural documentation for a 10-villa development.
The plot is situated in a tranquil residential zone and offers a building density of 30% and coverage of 20%, allowing for a net buildable area of approximately 2,120 sqm (plus covered verandas), after official deductions (ΑΗΚ/ΔΧΠ/Ρυμοτομία).
Development Progress & Documentation:
✔ Topographical survey – Completed
✔ Geotechnical study – Completed
✔ Architectural designs – Completed (for 10 detached villas, 2 villa types)
✔ Civil engineering studies – Completed
✔ Electrical/Mechanical coordination – Completed (for design stage)
✔ Planning Permits – Approved and issued (for both land division and villa development)
✔ Building Permit – Submitted and under review (expected by July 2025)
✔ Project marketing materials – 3D renders, brochure, and technical specifications fully prepared and paid
✔ BoQ and feasibility study – Completed and paid
Seller Commitments:
-
Full issuance of planning permits for both division and development
-
Submission and follow-up of the building permit until issuance
-
Settlement of all consultants’ invoices up to the building permit stage
-
Delivery of all completed studies and design documents to the buyer (including E/M with tender docs)
-
Freedom for the buyer to retain or change consultants for construction supervision and further stages
Asking Price:
€950,000 + VAT
A rare opportunity for developers seeking a ready-to-launch residential project in one of Limassol’s growing residential zones.
🔗 Browse more land for sale in Limassol to discover similar development opportunities.