Land Mathikoloni, Cyprus

An Exclusive Investment Opportunity lies ahead for the development of 32 hectares of land strategically located in Mathikoloni on the outskirts of Limassol, only 15 minuts drive from the towns main tourist area. The property lies within the boundaries of the old village and is located in the side of a hill offering an extraordinary and panoramic views to the bay of Limassol. Under the government new policy for developing non urban areas, the property can developed as a mixed use large integrated project. provided it includes two of the following strategic uses, besides the residential development: Educational institutions of all kinds Hospitals, diagnostic, rehabilitation or geriatric care centers. Research and development centers and technology parks Multipurpose sports centers, museums, cultural events furthermore the property can be developed as An independent comprehensive tourist resort or a theme park. Integrated projects utilizing the government new policy can enjoy building coefficient of 25%.