Residential Plot For Sale In Panthea, Limassol, Cyprus(820 Sq.m) 820m²

Residential Land for Sale in Panthea, Limassol, Cyprus(820 Sq.m) Location Overview: This exceptional residential land is located in one of Limassol’s most sought-after and rapidly developing neighborhoods—Mesa Geitonia, Panthea, Limassol, Cyprus. Nestled within a prime location that offers both tranquility and convenience, this 820 m² plot provides the perfect opportunity for constructing a bespoke residential development, whether for a private family home or a high-end residential building. Located in the vibrant and sought-after Mesa Geitonia area of Limassol, Panthea, this land is in close proximity to a wide array of amenities and services. Mesa Geitonia is one of the central and most established neighborhoods of Limassol, known for its high-quality living standards and proximity to key urban conveniences. The area is home to excellent schools, restaurants, shops, and business centers, making it an ideal location for residents who value easy access to both commercial and recreational activities. Price: €345,000 Plot Area: 820 Sq.m Planning Zone: Κα10 Density: 30% Coverage: 20% Maximum Floors: 2 Maximum Height: 10 meters Key Features & Zoning Information: Plot Area: Spanning 820 square meters, the plot provides ample space for a variety of residential development options. Its relatively generous size offers flexibility in design, catering to residential structures ranging from standalone villas to multi-unit housing projects. Planning Zone (Κα10): This property is located in the Κα10 residential planning zone, which is ideal for residential developments, offering excellent opportunities for constructing a private home, townhouses, or apartment buildings. The Κα10 zoning permits a range of residential use options and aligns with the area’s vision for high-quality urban living. Density: The land allows for a building density of 30%, which means that the total built-up area of the property can cover up to 30% of the plot’s total area. For this plot, this means a potential maximum of 246 m² of built-up space, offering room for large residential units while maintaining a comfortable and spacious living environment. Coverage: The maximum allowable coverage is 20%, meaning up to 164 m² of the plot area can be covered by buildings, leaving ample space for gardens, outdoor areas, and parking. This ensures a balance between built structures and open spaces, contributing to an inviting and sustainable urban environment. Building Height: The plot permits a maximum building height of 10 meters, allowing for up to two floors of residential living space. This flexibility provides options for constructing two-story homes or multi-floor apartment buildings, depending on the developer’s vision. The height limit ensures that the development remains consistent with the surrounding area’s character and avoids overcrowding. Maximum Number of Floors: The property allows for a development of up to two floors, which provides ample space for a variety of residential designs. Whether opting for spacious single-family homes or a compact multi-unit residential building, the land offers potential for diverse architectural solutions. Additionally, the area’s proximity to Limassol’s coastal areas ensures that residents will enjoy the benefits of seaside living, with beaches and waterfront promenades just a short drive away. The location offers convenient access to major highways, providing direct routes to other areas in Limassol as well as nearby towns and cities. Investment Potential: Given its prime location and zoning allowances, this plot represents an excellent investment opportunity in Limassol’s thriving real estate market. The growing demand for residential properties in the Mesa Geitonia and Panthea area makes this land an ideal choice for developers or individuals looking to invest in a high-demand residential project. The zoning permits flexibility in design, and the established infrastructure in the area further enhances the attractiveness of this land as a long-term investment. Whether you are looking to develop a custom home or embark on a residential project, this 820 m² plot of land offers substantial potential for creating a high-quality, value-driven property in one of Limassol’s most desirable locations. For further information or to arrange a viewing, please do not hesitate to contact us.