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€650,000 €418/m²

1,554m² Plot for Sale in Potamos Germasogeias, Limassol District

Potamos Germasogeias, Limassol district Posted 4 months ago Updated 2 weeks ago
1,554 m²Plot
Nicolaou Estates Agency · Reg. 693 · Licence 365/E 2,330 for sale · 169 for rent

About this home

Strategic share of plot ideal for residential or touristic development situated in the prime coastal area of Potamos Germasogeias Germasogia Limassol. Property Highlights Total Plot Area 1 554sq.m. 1 4 share approximately 388sq.m. Frontage Approximately 17m of road frontage on Mouson Street Shape Terrain Regular shape with relatively flat terrain offering optimized building efficiency and easy accessibility. Infrastructure Benefiting from direct access to registered asphalt roads pedestrian connectivity and close proximity to existing utility networks and urban infrastructure. Investment Potential This well positioned parcel represents an attractive opportunity for a boutique residential or touristic development in one of Limassol s most sought after coastal areas. Its strategic location near the beachfront and surrounding high end developments allows for flexible planning and strong long term capital appreciation potential. Key Features Why Invest o Development Ready Flat topography and registered road access reduce preliminary development costs. o Prime Coastal Area Located within the highly desirable Potamos Germasogeias tourist district an area with continuous demand for residential and holiday properties. o Value Retention Excellent location near Dasoudi Beach and the Limassol tourist area enhances resale and rental potential. Location Located within the coastal zone of Potamos Germasogeias Approximately 300m north of Dasoudi Beach Approximately 270m northwest of the Limassol Olympic Swimming Pool. The property is surrounded by established residential developments tourist accommodations and urban amenities ensuring strong long term value appreciation. Planning Zone Touristic Zone 5 Permitted Uses Hotels tourist villas apartments offices and residential developments Building density 100 Coverage 50 up to 3 floors max height of 13.5m There is a Distribution Agreement in place.

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Reference
VL53974
Property type
Land and Plots
Plot area
1,554 m²

What it will really cost

Asking price€650,000
Title transfer fee ~€22,600
Estimated total€672,600
Mortgage estimate
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Location

Potamos Germasogeias, Limassol district

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€650,000€418/m²
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