4 Bedroom House for Sale in Akrounta, Limassol District

ID: 10396685
Posted: 3 days ago
Modified: 3 days ago

4
2
Under Construction
360m²

€650 000
+ VAT

Price per m²

€1806/m²

VAT

Not Included in Price

VAT for this property is €85,583 (Reduced 5% rate) or €123,500 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.

Title Transfer Fee

Ref. #: 15129
Plot area: 1992m²
Parking: Yes, Covered
Pool:Yes

Energy Efficiency: N/A
Air Conditioning: Yes

Storage room

Located in an elevated, quiet, and highly private position in Akrounta, this structurally robust unfinished property presents a rare opportunity to complete a premium residence or investment project to your exact specifications. Built with significant attention to structural integrity—including ground reinforcement injections and additional support columns—this is a solid foundation for a high-end result.

🏡 Property Overview:
✔️ NO VAT
✔️ Plot size: 1,992m² (with subdivision potential)
✔️ Building density: 90%
✔️ Subdivision application submitted
✔️ Option to separate a 921m² plot (with license for a 3-storey residential building)

🏠 Main House – Street Level (180m²):
✔️ 4 bedrooms
✔️ Master bedroom with en-suite
✔️ Expansive, unobstructed views of the valley, mountains & partial sea view
✔️ Elevated position ensuring privacy and outlook

🏗️ Ground Level (Expansion Potential):
✔️ Approved plans for 2 apartments (approx. 85m² each)
✔️ Alternatively can be incorporated into the main residence
✔️ Total potential build area approx. 360m²
✔️ Large storage room / potential additional bedroom
✔️ Flat outdoor area ideal for pool and landscaped garden

📐 Additional Highlights:
✔️ Full building permit in place
✔️ All documentation ready to continue construction
✔️ Estimated completion cost: €200,000 (depending on specifications)
✔️ Architectural renderings available

This is a flexible asset suitable for a luxury private residence, multi-unit development, or hybrid live-and-invest project in one of Limassol’s most sought-after hillside locations.