Residential in Agios Tychonas, Limassol

Reference ID: #SA37989 Price details: €5,000,000 +VAT A prime 5,600 sq. metre residential development plot located in the prestigious area of Agios Tychonas, Limassol — one of Cyprus’s most sought‑after 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 ready‑to‑build project includes permits for six high‑end 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. Agios Tychonas is home to some of the island’s most exclusive residences, five‑star hotels, and upscale leisure facilities. Its elevated position provides privacy, sea views, and quick access to Limassol’s coastline, international schools, marinas, and luxury resorts. This makes the area exceptionally attractive for both local and international high‑net‑worth 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. 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 Limassol’s 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. PLUS VAT