Development Plot for Sale in Fasoula – Plans for 9 Villas + 5 Apartments

Description

A well-positioned residential plot of 5,867 sqm for sale in the serene area of Fasoula, just a short drive from Limassol. This plot is ideal for developers and investors seeking a project-ready site with architectural plans and feasibility documentation in place.

It is located in a residential zone with a building density of 60% and coverage of 35%, offering a net buildable area of approximately 2,650 sqm, plus covered verandas, after deductions (ΑΗΚ/ΔΧΠ/Ρυμοτομία).

Development Status & Documentation:

✔ Topographical survey – Completed
✔ Geotechnical study – Completed
✔ Architectural design – Completed (plans for 9 villas and 5 apartments)
✔ Planning permit – Submitted; approval expected by July 2025
✔ Marketing materials – Brochure, 3D renders, and technical specifications prepared and paid
✔ Feasibility study & BoQ – Prepared and paid

Seller Commitments:

• Issuance of planning permits for both land division and development

• Settlement of all consultant invoices up to the planning permit stage

• Delivery of all studies and documentation completed to date

• Full freedom for the buyer to retain or replace the consultant team for future stages

Asking Price:

€950,000 + VAT

An excellent investment opportunity in a peaceful yet accessible location, with major preparatory work already completed.

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