Prime Development Plot with Planning Permit – Neapolis, Limassol

About this property

This land parcel An exceptional development opportunity in the heart of Neapolis, Limassol, just moments from the sea and surrounded by a vibrant mix of residential, commercial and lifestyle amenities. The property comprises a 521 m² plot in a highly sought-after central location and benefits from an approved planning permit for a 4-storey residential apartment building, offering the significant advantage of proceeding with development without the delays typically associated with obtaining planning approval. Development Details Plot size: 521 m² Planning zone: Κα3 Building density: 140% Building coverage: 50% Maximum floors: 4 Maximum height: 17 metres Planning permit: Approved for a 4-storey residential development VAT: Applicable The approved project provides an excellent opportunity to develop a modern residential building in an area with consistently strong demand for both permanent residences and investment properties. Strategic Neapolis Location The plot enjoys a highly advantageous position within Neapolis, one of Limassol's most established and desirable coastal neighbourhoods. Its central location provides immediate access to a wide range of amenities, including shops, restaurants, cafés, pharmacies, business centres and everyday services, while the seafront is within easy walking distance. The location offers the ideal combination of urban convenience and coastal lifestyle, making it particularly attractive to both owner-occupiers and the rental market. Investment Opportunity With its high building density, 4-storey development potential and planning permit already in place, this property represents an attractive opportunity for and investors seeking a project that can move forward efficiently. A rare opportunity to acquire a permitted development plot in Neapolis, combining a prime city-centre location with immediate access to the Mediterranean coastline. For further information or to arrange a viewing, please contact us

Features

• Near Amenities
• Near Schools
• Near Bus Route
• Easy Access to Main Roads
• Easy Access to Highway
• Corner Property
• Investment Opportunity
• Development Potential
• Building Density

Location

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