Land Demos Agiou Athanasiou, Cyprus

Discover a rare opportunity to secure a prime 361 m² residential plot in the prestigious Panthea area of Limassol—one of the city’s most desirable residential locations. Perfectly positioned to capture beautiful sea views, this plot is ideal for developing a bespoke luxury home in a tranquil yet highly convenient setting. With a generous 90% building density and 50% coverage ratio, the property offers excellent development potential, giving you the flexibility to design a spacious, modern residence tailored to your vision. A unique advantage of this plot is that no VAT applies, due to the presence of an existing (skeleton) structure—making it an even more attractive investment. Situated directly opposite a park, the location offers a peaceful, green environment while remaining close to key amenities. It is just minutes from the well-known The Grammar School Limassol and provides quick access to major road networks, including routes connecting Limassol to Nicosia and Paphos. Whether for personal use or investment, this is a standout opportunity in one of Limassol’s top residential areas. Key Features Plot size: 361 m² Building density: 90% Coverage ratio: 50% Sea view No VAT applicable Existing skeleton structure Opposite a park Prime Panthea location Easy highway access 1. Can I immediately start building on the plot? Yes, subject to obtaining the relevant planning and building permits. The existing structure may also streamline certain aspects of the process. 2. What can be built on this plot? With a 90% building density, you can construct a spacious multi-level luxury home, potentially with additional features such as a basement, swimming pool, and landscaped garden. 3. Why is no VAT applicable? VAT is not applied because there is already an existing structure (skeleton) on the plot, which classifies it differently from vacant land. 4. Is the area suitable for families? Absolutely. Panthea is known for its quiet residential character, proximity to top schools, and safe environment—making it ideal for families. 5. How accessible is the location? The plot offers excellent connectivity, with quick access to major highways and key areas of Limassol, as well as routes to other cities. 6. Is this a good investment opportunity? Yes. Panthea is a highly sought-after area with strong demand for high-end homes, making this plot a valuable long-term investment.