Development Plot for Sale – Neapolis, Limassol | 200 m from the Sea
An outstanding investment opportunity to acquire a prime residential development plot in Neapolis, one of Limassol’s most strategic coastal districts, just 200 meters from the beachfront.
Positioned in a high-demand residential and rental area, this asset combines immediate development readiness with strong capital appreciation and rental yield potential — making it ideal for developers and investors seeking a turnkey project in a central seaside location.
Location Advantages – Neapolis:
• Prime coastal district only 200 m from the sea
• Walking distance to the beachfront promenade
• Close to Limassol Marina and city centre
• Surrounded by cafés, restaurants, retail, and amenities
• High rental demand from professionals and expatriates
• Easy access to main roads and business hubs
Plot & Planning Parameters:
• Plot size: 521 m²
• Building Density: 140%
• Coverage: 50%
• Maximum floors: 4
• Maximum height: 17 m
• Total buildable area: 729.4 m²
• Planning Zone: Κα3
Property Status:
• Existing old house on site (suitable for demolition)
• Full construction permit secured
Approved Project Concept:
• 4-storey modern residential building
• 8 two-bedroom apartments
• Private parking spaces
• Resident storage rooms
• Communal rooftop swimming pool with panoramic views
• Contemporary architectural design focused on luxury urban living
I
nvestment Highlights:
This development plot offers immediate project execution with licensing already in place — significantly reducing time to market. Its proximity to the sea, central positioning, and strong tenant demand ensure excellent prospects for:
• High rental yields
• Strong resale margins upon completion
• Long-term capital appreciation
• Boutique residential development positioning
A rare chance to secure a ready-to-build coastal project in one of Limassol’s most liquid real estate zones, where location, density, and lifestyle appeal converge to create a highly profitable development opportunity.
+ VAT
