Residential in Paniotis, Limassol

Reference ID: #SA38540 Price details: €4,000,000 Paniotis, Germasogeia – Limassol, Cyprus A Rare Investment Opportunity with Uninterrupted 180° Panoramic Views An exceptional residential development opportunity is available in Paniotis, Germasogeia, one of Limassol’s most prestigious and sought-after elevated residential areas. The development extends across four plots, all positioned to benefit from spectacular 180-degree unobstructed panoramic views. The elevated setting, orientation and architectural concept create a truly impressive residential environment, with the potential to become a landmark premium development in the Germasogeia area INVESTMENT HIGHLIGHTS 4 development plots Prime elevated location in Paniotis, Germasogeia Spectacular 180° unobstructed panoramic views Residential development comprising 20 apartments Necessary development permits and approvals are in place Significant planning and development work already completed Basement parking facilities Dedicated gym / changing room Opportunity to acquire the company owning the development THE DEVELOPMENT The approved residential development consists of 20 apartments, distributed across five residential levels. Floor Apartments Units 1st Floor 101–104 4 2nd Floor 201–205 5 3rd Floor 301–305 5 4th Floor 401–404 4 5th Floor 501–502 2 TOTAL 20 APARTMENTS The development has been designed to take full advantage of its exceptional hillside position, with generous internal living areas, covered verandas and extensive outdoor spaces. DEVELOPMENT AREAS The residential component provides 2,084.96 m² of total covered apartment area, clearly divided between internal living space and covered verandas. Area Size Apartments – Internal Covered Area 1,628.39 m² Apartments – Covered Verandas 456.57 m² Total Covered Apartment Area 2,084.96 m² Basement Parking 1,252.47 m² Gym / Changing Room 132.25 m² TOTAL COVERED INDOOR AREA 3,469.68 m² Residential Area Breakdown 1,628.39 m² Internal covered living areas across the 20 apartments + 456.57 m² Covered verandas = 2,084.96 m² Total covered apartment area In addition to these covered areas, the residences benefit from uncovered balconies, private gardens and other outdoor areas, depending on the individual apartment and floor level.