€22,000,000

for Sale in Limassol District

Limassol district Posted 20 hours ago Updated 20 hours ago
47,755 m²Plot
1st Class Homes Agency · Reg. 690 · Licence 367/E 6,728 for sale

About this home

Prime Commercial & Industrial Development Land for Sale – Kato Polemidia, Limassol.
An exceptional development opportunity located along the Limassol New Port Road, in one of Limassol’s most strategic commercial and logistics corridors, connecting the motorway, Limassol New Port and the city’s major retail and business destinations.
The property comprises a total area of 48,517 m² (4.85 hectares) according to demarcation, with three road frontages offering excellent accessibility and visibility. The area is ideally positioned for commercial, industrial, logistics and other economic activities.
Land Area & Development Breakdown

Total plot area by demarcation: 48,517 m²
Total plot area according to title deed: 47,755 m²
Net development area (Plot 1): 36,989 m²
Green area (15%): 6,685 m²
Roads to be ceded: 3,952 m²
Community facilities (2%): 891 m²

Planning & Building Specifications

Planning zone: Industrial Zone Category B – Economic Activities Zone
Building density: 90%
Building coverage: 60%

Strategic Location
The property enjoys a prime location between Limassol city, the New Port and the established industrial and commercial areas.
Key nearby destinations include:

Limassol Industrial Area – adjoining the northern boundary
MY MALL Limassol – 2 km / 5 minutes
City of Dreams Mediterranean – 2.5 km / 7 minutes
Limassol New Port – 4.3 km / 10 minutes
Limassol City Centre & Old Port – 6 km / 13 minutes
Kato Polemidia and Zakaki residential areas
Ypsonas Industrial Zones – 8–12 km / 14–19 minutes

Excellent Accessibility & Connectivity
The property benefits from two direct approaches, via the Vertical Road connecting to the A1/A6 motorway from the north and from the MY MALL side to the south, allowing convenient access without having to pass through the city centre.
Approximate driving distances:

Polemidia Motorway Interchange – 4 km / 8 minutes
Paphos International Airport – 59 km / 40 minutes
Larnaca International Airport – 76 km / 50 minutes
Nicosia – 90 km / 65 minutes

An Outstanding Development Opportunity
With its substantial land area, three road frontages, high building density and strategic positioning within Limassol’s expanding industrial and commercial corridor, this property represents an excellent opportunity for investors, developers and businesses seeking a large-scale development site in a prime location.
A rare opportunity to acquire a strategically positioned development site in the heart of Limassol’s commercial and logistics hub.

TranslateΜετάφρασηПеревестиתרגום
Reference
65973
Plot area
47,755 m²
Title deed
Has Title
Coverage ratio
60%

What it will really cost

Asking price€22,000,000
Title transfer fee ~€876,600
Title deedHas Title
Estimated total€22,876,600
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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€22,000,000
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