2 bedroom house 87 m² Limassol, Cyprus

Listed Traditional Townhouse with Redevelopment Potential – Limassol Historic Centre. An exceptional opportunity to acquire a traditional listed townhouse in the very heart of Limassol’s historic centre, just 100m from Agia Triada Church and Heroes’ Square. This rare property offers significant restoration potential combined with strong redevelopment upside in one of the city’s most sought-after heritage areas. Property Overview Plot size: 195 m² Planning zone: Πα8β Building density: 140% Total permitted building area: 273 m² Prime location in Limassol’s historic core Listed property with restoration incentives Approved redevelopment scheme in progress Strong potential for capital appreciation and future flexibility The property consists of a listed traditional townhouse requiring full restoration, benefiting from attractive incentives available under Cyprus legislation for protected heritage buildings. Approved Development Concept Architectural plans have already been prepared for a mixed restoration and new-build scheme: Restoration of listed townhouse: 86.75 m² New build at rear: 71.00 m² Total proposed development: 157.75 m² The site retains approximately 115.5 m² of unused building density, offering further development flexibility or potential transfer of development rights, subject to approvals. Planning Status Architectural designs completed and submitted Planning application in advanced stage Approval expected shortly A rare chance to restore and redevelop a heritage asset in central Limassol, combining historic charm with modern development potential.