Development Opportunity in Phinikaria Limassol

Versatile 2,912m² Plot with Project Approval for 4 Bungalows – Option for Luxurious Villa Conversion

Discover a unique investment or lifestyle opportunity in the tranquil village of Phinikaria, just a short drive from Germasogeia and central Limassol. Priced at €650,000, this generous 2,912m² plot comes with an approved architectural project for four stylish bungalows, offering flexibility for developers and visionaries alike.

Unobstructed mountain and lake views. Hiking paths and lake in a walking distance. Village getaway in 10 minutes from Limassol, Germasogeia. The plot has access to 2 roads and is located is next to the green area.

Key Highlights:

Total Plot Size: Approx. 2,000m²

Current Project: 4 Single-Storey Bungalows

Flexible Planning: Can be converted into one luxury villa

Quiet Location, Surrounded by Nature

Easy Access to Limassol & the Highway

No direct view of Germasogeia Dam – Perfect for those seeking privacy over panorama

Originally designed with investment potential in mind, this plot now opens up exciting new possibilities for residential living. Whether you proceed with the existing project or reimagine the space as a bespoke private residence, this is your chance to create something truly special in one of Limassol's most peaceful areas.

Location Advantage:

Phinikaria is known for its serene environment, lush greenery, and close proximity to amenities without the congestion of urban life. Ideal for those seeking peace, space, and convenience.