Residential plot for sale in Limassol

A NEW exclusive opportunity in one of Limassols most desirable residential enclaves Agios Tychonas.

5600 sq.meters in Agios Tychon. Prime Residential Plot. Planning and Building Permits READY.

In light of the significant sales activity recorded in the area over the past year, we believe this offering will be of particular interest to your network of discerning buyers and investment-focused clients. A rare chance to acquire a premium 5,600 m residential plot (division for 6 plots is ready) with direct access to a public road, ideally positioned in the sought-after area of Agios Tychon. Full planning and building permissions granted for the development of 6 luxury villas, offering outstanding potential for high-end residential or investment projects.

INFORMATION FOR PROFESSIONALS.

Planning Permit issued before 1 November 2023 OLD VAT REGIME APPLIES. Additionally, PLANNING PERMIT RENEWED TILL 2029!!!

Please take a moment to review this carefully. This section contains key details that enhance the investment profile of the property and may influence your strategic assessment. It highlights advantages that are particularly relevant to experienced investors seeking strong value, favourable acquisition conditions, and longterm potential.

Because the planning permit for this development was issued before 1 November 2023, the property qualifies for the old 5% VAT regime on the entire build, provided the purchaser submits the application within the transitional period.

As noted, the transitional period ends in June 2026:

Purchasers who qualify under the old rules may secure the full 5% VAT rate on the entire property only until December 31, 2026.

After December 31, 2026, all properties in Cyprus fall under the new VAT system, which significantly increases the total acquisition cost.

This creates a limitedtime opportunity for buyers and a powerful selling point for agents.

PROPERTY DESCRIPTION

A prime 5,600 sq. metre residential development plot located in the prestigious area of Agios Tychonas, Limassol one of Cypruss most soughtafter luxury residential zones. The property comes with fully approved planning and building permits issued prior to November 2023, ensuring eligibility for the old VAT regime, a significant financial advantage for developers.

This readytobuild project includes permits for six highend luxury villas, designed to meet the strong demand for premium residential properties in the Limassol market. With a total buildable area of 2,940 sq. metres, plus additional covered / uncovered verandas and parking slots, the development offers excellent flexibility for spacious layouts, private pools, landscaped gardens, and panoramic outdoor areas.

Strategic Location for HighEnd Development
Agios Tychonas is home to some of the islands most exclusive residences, fivestar hotels, and upscale leisure facilities. Its elevated position provides privacy, sea views, and quick access to Limassols coastline, international schools, marinas, and luxury resorts. This makes the area exceptionally attractive for both local and international highnetworth buyers.

The combination of location, permits, and development potential positions this plot as a turnkey investment opportunity with strong resale value and high ROI potential.

Development Highlights
Plot Size: 5,600 sq. metres

Permitted Buildable Area: 2,940 sq. metres

Additional Covered Verandas: Included

Permits: Planning & Building Permits issued before Nov 2023 (old VAT regime)

Project Type: Six luxury detached villas

The project is ideal for developers seeking a premium residential scheme with minimal administrative delays and immediate construction readiness.

Financial Summary
Asking Price: €5,000,000 (excluding VAT)

VAT (19%): €950,000

Total Price (incl. VAT): €5,950,000

Investment Highlights

Strategic Location: Agios Tychonas is a high-demand area favored by both domestic and international buyers seeking luxury residences.

Development-Ready: With planning permits already secured, investors can proceed immediately with construction, reducing lead time and risk.

High ROI Potential: The area has demonstrated strong capital appreciation and rental yield performance, particularly in the luxury segment.

Negotiable Terms: We are open to discussions with serious buyers and can accommodate flexible deal structures to facilitate a swift transaction.

This is a rare opportunity to acquire a fully permitted luxury development plot in one of Limassols most elite neighbourhoods, offering strong market demand and excellent capital appreciation prospects. Should you have pre-approved clients actively seeking opportunities in Limassol, we would be delighted to arrange a private viewing of the site, present architectural plans, and discuss the development potential in greater detail.

Please do not hesitate to contact us with any questions or to schedule a meeting.