Prime Development Land in Potamos Germasogeias, Limassol.
An exceptional investment opportunity in one of Limassol’s most sought-after locations, Potamos Germasogeias. This strategically positioned development plot offers strong residential or mixed-use development potential, with planning studies completed and plans ready for submission.
Key Investment Highlights
Net Plot Area: 3,904 m²
Total Land Area: 5,176 m²
Green Area: 1,272 m²
Building Zone: T1β
Total Sellable Area: Approximately 3,952–3,970 m²
Asking Price: €4,200,000
Price per Sellable m²: Approx. €1,057–€1,062/m²
Estimated Rental Value: €50/m²
Development Potential
The plot benefits from attractive planning parameters and development incentives:
Net Development Area: 3,904 m²
Building Density: 60% = 2,342 m²
Planning Incentives: 20% = 468 m²
Energy Efficiency Bonus: 5% = 117 m²
Total Buildable Area: 2,927 m²
Additional allowances:
Covered Balconies (25%): 732 m²
Common/General Building Areas (10%): 293 m²
Total Estimated Sellable Area: 3,952–3,970 m²
Opportunity
Located in the heart of Potamos Germasogeias, one of Limassol’s highest-demand residential and investment districts, this plot presents an ideal opportunity for the development of premium apartments, serviced residences, or a boutique residential project. With planning preparations already completed and submission-ready, developers can significantly accelerate the project timeline and capitalize on strong market demand in the area.
Price: €4,200,000Approximate Sellable Area Value: €1,060/m²
A rare turnkey development opportunity in a prime coastal location with excellent prospects for both capital appreciation and rental returns.
