Land for sale in Limassol, Cyprus - 395 000€

The land plot has a regular shape with a moderate slope, suitable for individual residential construction. The facade of the site faces an asphalt street, which provides direct and convenient access to the future development. The site is part of the H5 residential area, which allows the construction of a two-storey house up to 8.3 m in height with a rational building density of 30% and coverage of 20%.

A special feature of the facility is the presence of an approved architectural design and a valid building permit, which significantly reduces the start time of construction and reduces administrative costs. The location of the site at a distance of 1.3 km from the sea and 490 m from the main highway makes it attractive both for permanent residence and for the creation of rental housing.

The area of Agios Tychonas is a reliable investment in the futureAgios Tychonas is one of the most developed residential areas of coastal Limassol, combining resort infrastructure with convenient transport accessibility. There are private schools, markets, fitness centers, restaurants, medical institutions and five-star hotels in the district. The distance to the city center is about 10 km, which allows you to quickly get to the business part of Limassol, while maintaining the privacy and silence of the residential area.

The climate is mild, the average annual temperature is about +19°C, and there are more than 300 sunny days per year. This makes the property in Agios Tychonas attractive for year-round living and seasonal rentals.

The potential of renting and obtaining a residence permitIn the case of a villa or house with an area of up to 300 sq.m., the property can generate income from short-term rentals (up to 3,500 € per month in high season) or be used as a residence. When buying a property in the amount of 300,000 euros or more, the investor and his family can apply for a permanent residence permit in the Republic of Cyprus, which opens the way to a full-fledged stay in the country and further integration.

Price growth trendsLimassol's real estate market is showing steady growth: according to international agencies, from 2019 to 2024, the average cost of housing and land in the coastal area increased by 28-32%. The growth is driven by the limited number of offers near the sea, demand from European and Middle Eastern investors, as well as the overall strengthening of Cyprus' economy in the construction and tourism sectors.

The site in Agios Tychonas is a reasonable long-term investment with predictable returns and minimal risks.