Land Limassol, Cyprus

An excellent opportunity to acquire a 265 sq.m. residential plot in the well-connected neighborhood of Agios Ioannis, offering a 140% building density and allowance for 4 full floors. Ideally located near amenities, and just a 5-minute drive to Limassol Marina, City of Dreams, and the Old Town. All architectural and engineering studies have been completed and submitted for planning permit approval. The proposed project includes: - Ground Floor: Covered parking area and storage rooms - 1st Floor: 2-bedroom apartment – 85 sq.m. internal + 20 sq.m. covered verandas - 2nd Floor: 2-bedroom apartment – 85 sq.m. internal + 20 sq.m. covered verandas - 3rd Floor: 3-bedroom apartment – 100 sq.m. internal + 8 sq.m. veranda - 4th Floor: 1-bedroom apartment – 50 sq.m. internal + 20 sq.m. covered veranda + 24 sq.m. uncovered veranda The property is not subject to VAT, as there is an existing old house on the plot. A solid option for developers or investors looking for a centrally located project with great design potential and easy access to the city’s key destinations.