For Sale
650,000€+VAT
Touristic

(Share) Distributed Touristic Plot in Germasogeia, Limassol

Key Features

ID: 41740
  • 1,554sqm
  • CategoryLand
  • TypeBuilding Plot
  • AreaGermasogeia - Potamos Germasogeias, Limassol
  • Price per sqm418€
  • ZoningTourist
  • Area1,554sqm

Description

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: ΤΓ5 • 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.

Allowances

ZoneΤΓ5
Build factor100%
Cover factor50%
Max height13.5m
Max floors3
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