• For Sale €6,250,000
  • Ref. No. SL17520
  • Limassol, Germasogia
  • Residential Land
  • Plot: 43446m²
  • Qualifies for Cyprus Passport
  • Investment Opportunity
  • No VAT

For Sale : Residential Land - Limassol, Germasogia

The plot comprises 15 adjacent land parcels, forming one large uniform piece of development land with a total area of 43.446 m². It is located in Germasogeia area.

The property has good accessibility to Limassol city centre, the sea and towards the highway.
The land, as one property, falls within three different planning zones which are the following:
Commercial zone Εβ6 with a maximum building density coefficient of 100% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.
Residential zone Κα8 with a maximum building density coefficient of 60% and a land coverage coefficient of 35% over 2 floors and 10 metres height.
Protection zone Δα2 with a maximum building density coefficient of 1% and a land coverage coefficient of 1% over 1 floor and 4 metres height.

The immediate area of the property consists of both commercial and residential developments with buildings consisting of shops, restaurants and showrooms on the ground floor with offices and apartments on the upper floors.

Based on the size of the unified land, its location and the fact that it falls within different planning zones, it is suitable for a large scale mixed use development including residential and commercial units.

The land also benefits from a protected zone, which under the concept master plan can be transformed into an integrated green area significantly increasing the attractiveness of the property.


Views / Distances
Airport: 30 min drive
Beach: 5 min Drive
Close to the marina
Close to the port
Town: Walking distance
Land Characteristics
Commercial zone
Residential zone
Road access
Legal and Financial
Investment Opportunity
No VAT
Qualifies for Cyprus Passport

Germasogia

Cyprus, Limassol, Germasogia
Yermasoyia borders with the municipalities of Limassol and Agios Athanasios. According to the inventory in 2011 it had a population of 13421 residents. In Yermasoyia many prehistoric graves have been excavated but there haven’t been any marks of a settlement. It is unknown as to when the original settlement was built however from the building ruins it is believed that it existed before the medieval times. During the medieval times there is ...