Prime Development Plot in Central Limassol
€1,417,500
€2,675/m²
- 530 m²
- Interior
- 530 m²
- Plot
- Land
- Type
- 7 Jul 2026
- Listed
The Habio take
This exceptional 530 m² plot of land in Limassol offers limitless potential for development. Located in the vibrant heart of the city, it's perfectly positioned for both residential and commercial projects.
- city
- investment
- beach
- new build
Highlights
- 530 m² plot in prime city centre location
- Building density of 140% and height allowance of 17m
- Concept design available for new developments
- Close to key amenities and transport links
- Potential for high rental income upon development
Worth knowing
- Requires a development plan and permits before construction
- Initial concept may not suit all buyers
Good fit for: Best suited for investors or developers looking to create a landmark project in a thriving city.
Lifestyle scores
- Beach
- 80
- Walkable
- 85
- Remote work
- 78
- Family
- 70
- Retirement
- 75
- Airport access
- 70
- Investment
- 85
- Luxury
- 80
- Value
- 65
About this place
Discover a rare development opportunity in the bustling heart of Limassol, Cyprus. This excellent 530 m² plot is ideally situated on Nikokleous Street, close to Agia Zoni church, and boasts a substantial building density of 140% along with a coverage ratio of 50%, allowing for the construction of a landmark project of up to four floors and 17 meters in height.
Imagine developing luxury apartments or a vibrant mixed-use complex that meets the needs of the thriving Limassol community. Whether you choose to follow the initial concept design of eight two-bedroom apartments or craft your unique vision, the possibilities for this prime plot are extensive. An architect is available for collaboration after purchase to ensure your ideas come to fruition.
Beyond the plot's significant potential, its location offers unmatched convenience. You will find an array of amenities within a short walk, including cafes, banks, schools, and health services. The stunning Limassol beach, lively Molo, and the city's vibrant nightlife are only a 20-minute stroll away, making this an ideal site not just for living but for enjoying the best of coastal life.
Getting around
- Excellent water quality
Nearest beach · Akti Olympion a
~4 min drive · 2.1 km
Paphos (PFO)
~51 min drive · 59 km
Larnaca (LCA)
~56 min drive · 67 km
Approximate, measured from the property's area rather than its exact address. Drive times © OpenStreetMap contributors (OSRM); airports: OurAirports; bathing water: European Environment Agency, 2024 season.
Where you’ll be
Limassol, Limassol, Cyprus
- Nearest airport
- Paphos (PFO)
- 51 km
- Also close
- Larnaca (LCA)
- 57 km
- Nearest city
- Nicosia
- 61 km
Marker is the location supplied by the agency — approximate, and often deliberately so. The exact address is confirmed on enquiry. Distances are straight-line.
Buying property in Cyprus
The process of buying property in Cyprus requires careful planning and involves several legal steps. Foreign buyers should budget for associated costs such as stamp duty, legal fees, and transfer fees, which can vary based on the property's value and other conditions.
Foreign buyers must confirm details with a qualified local lawyer as there are differences based on citizenship, and laws can change.
Recent adjustments include the introduction of a 0.4% seller's fee for the Central Agency for Equal Distribution of Burdens.
Sources consulted (2026-07-27): - Purchasing Property - Ministry of Interior - Gov.cy: https://www.gov.cy/moi/en/purchasing-property/?utm_source=habio - Εργαλείο υπολογισμού Φ.Π.Α. 5% για αγορά/ανέγερση κατοικίας - Tax For All - Gov.cy: https://www.gov.cy/mof-tfa/documents/ergaleio-ypologismoy-f-p-a-gia-agora-anegersi-katoikias/?utm_source=habio
Always check the latest legal requirements and fees.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
