705m² Plot for Sale in Limassol – City Center

Limassol - City Center, Limassol district Posted 3 years ago Updated 4 months ago

705 m²Covered area

705 m²Plot

Brand NewCondition

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Smart Assets Agency · R.N.:1109 L.N.:317/E 3,011 for sale

About this home

Reference ID: #SA31839Price details: €2,000,000Commercial property / corner plot on Makarios Avenue with an old building in the plot and therefore no vat applies. There is immense potential and it is a corner plot as well.Size: 705 m2Building Density: 180%Coverage Ratio: 50%Incentives for extra density:63m2 for Photovoltaic190m2 if 20% of the building is residential254m2 transfer from listed buildingsNO VAT

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Reference: SA31839
Property type: Land and Plots
Plot area: 705 m²
Heating: Yes
Energy sources: Photovoltaic Solar Panels
Building density: 180%
Coverage ratio: 50%

What it will really cost

Is this your first home in Cyprus?Reduced 5% VAT applies to the first 150 m² of your main residence.

Asking price€2,000,000

VAT at reduced 5%€320,426

Title transfer fee None

Estimated total€2,320,426

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

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

Price historyListed 19 Oct 2023 · 3 price changes

€150,000 since listed

20 May 2025 €2,000,000 €100,000
15 Apr 2025 €1,900,000 €100,000
23 Dec 2023 €2,000,000 €150,000
19 Oct 2023 €1,850,000 Listed

How the price compares

359% above
average

At €2,837/m² compared with an average €618/m² across 1,361 similar listings — land and plots in Limassol.

Asking price per m²This home

Average €618 This home €2,837

€216€1,527€2,837

Location

Limassol - City Center, Limassol district

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Beaches

Schools

IMS Private School0.2 km
school0.3 km
"The Near Mouth Sharps" Nursery School0.3 km
American Academy Limassol0.3 km
American Academy Boarding School0.3 km

Shopping

Gaia Organic Food Store, 26D Petrou Tsirou str. | Limassol0.3 km
Wolt Market Limassol Central0.4 km
SKLAVENITIS Peter and Paul0.5 km
MMS No 15 - Mini Mall Stores0.5 km
Farmhouse Mini Market0.5 km

Airports

Paphos International Airport49.6 km
Larnaca International Airport (LCA)56.5 km

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