Development Plot in Limassol’s Historic Center | Property ID:L-LM_O05

Development Plot in Limassol’s Historic Center

* Land for Sale in the Historical Center of Limassol, Cyprus *

Cyprus Property with Title Deeds, No VAT, No Transfer Fees

Only 200 meters from the sea. A planning application has already been submitted for a residential development comprising 15 units

This rare piece of land has the potential to become the solid foundation for a bold and lasting architectural vision. It lies where Limassol shines its brightest—at the crossroads of the historic center, the Mediterranean coastline, and the vibrant rhythm of urban life. The area reflects a unique blend of eras: timeless façades marked by history stand beside sleek, modern buildings that mirror the energy of contemporary city living.

Just 200 meters away, the palm-lined Molos Promenade stretches along the sea, where busy daytime footsteps dissolve into peaceful evening strolls. A little farther, only 2 kilometers away, the masts of luxury yachts rise against a blue sky in Limassol Marina—an icon of Mediterranean elegance and cosmopolitan lifestyle. This location isn’t merely an address—it’s a statement, a source of inspiration, and a long-term value.

The 380 m² plot invites the creation of something truly special—a project that fuses aesthetics, functionality, and strong investment potential. A planning application has already been submitted for a residential development comprising 15 units: nine studio apartments and six one-bedroom apartments. It’s a project perfectly suited for those looking to capitalize on high rental yields in one of the city’s most dynamic and in-demand areas. Here, stylish city apartments can come to life—crafted for those who value urban convenience, a fast-paced lifestyle, and walking access to the sea.

From an investor’s perspective, the advantages are clear: a building density of 180% allows for a total buildable area of 684 m². This is the ideal balance between scale and opportunity, opening the door to broad architectural possibilities. Even more attractive is the fact that the property is held under a company structure, meaning no VAT and no transfer fees apply—an important detail that adds strategic and financial value to the acquisition.

From a bird’s-eye view, the plot reveals its full context: this isn’t just land—it’s a place already woven into the fabric of the city. Surrounded by residential and commercial buildings, narrow streets, pockets of greenery, and the distant shimmer of the sea, the location offers immediate access to every urban amenity: cafes, shops, business centers, beaches, cultural sites, and scenic walking routes. It’s the ideal setting for a new development that offers all the vibrancy of city life with the calm of coastal living.

Picture this: a gentle sea breeze in the daytime, the hum of city life around you, conversations drifting through open windows, the flow of movement. In the evening—soft golden light, an unhurried stroll along the promenade, dinner at a nearby restaurant, and the quiet satisfaction of being exactly where you want to be.

Plots like this are becoming increasingly rare. This is more than just an offer—it’s an opportunity to create something meaningful. Don’t miss your chance to leave your mark in the very heart of Limassol—a city full of life, shaped by the sea, where every square meter holds infinite potential.

The plot is situated in a prime location in the historical center of Limassol, only 200 meters from the coast and the Molos Promenade.

This 380 m² piece of land is available for sale without VAT or transfer fees, as it is held under a company. With a development potential of up to 684 m², it presents a highly attractive investment opportunity.

For full details on this property, please contact us directly. Mr. Douglas will be happy to provide you with all the necessary information.

TITLE DEEDS ARE AVAILABLE FOR THIS PROPERTY.