Limassol, Akrounta, Cyprus

An excellent investment opportunity in Akrounta, Limassol, this 2,518 m² plot is offered with an approved planning permit for the development of 12 modern apartments. With planning permission already secured, the property offers investors and developers the opportunity to move forward with a residential project while reducing the time and uncertainty associated with the initial planning process.

Located in a peaceful and increasingly sought-after residential area, the plot combines a tranquil natural setting with convenient access to Limassol and the main highway network. The sale includes the approved planning permit and associated licences, as specified by the seller, making it an attractive opportunity for those looking to develop a residential project in the wider Limassol area.

Property at a Glance
- Location: Akrounta, Limassol
- Plot size: 2,518 m²
- Approved development: 12 apartments
- Planning zone: H5
- Building density: 30%
- Coverage ratio: 20%
- Maximum floors: 2
- Maximum building height: 8.30 m
- Planning permit: Approved
- Price: €500,000 + VAT

Key Investment Highlights
- Approved planning permit for 12 residential apartments
- Large plot in a quiet, developing residential area
- Potential to reduce project preparation time
- Convenient access to the Limassol–Nicosia highway
- Approximately 7 minutes by car from the Germasogeia roundabout, according to the provided information
- Close to everyday amenities and established residential neighbourhoods
- Suitable for developers seeking a residential investment opportunity

Location – Akrounta, Limassol

Akrounta is a village on the outskirts of Limassol, known for its peaceful atmosphere, greenery and proximity to the surrounding countryside. It offers an appealing balance between a quieter residential environment and access to the city’s amenities.

Within approximately 6–10 minutes by car, residents can reach the Germasogeia area, the main highway, supermarkets, bakeries, pharmacies, cafés and traditional taverns in nearby villages. The area also offers access to Germasogeia Dam, a popular destination for walking, cycling and outdoor activities, as well as private schools and sports facilities around Germasogeia and Agia Fyla.

Central Limassol, the seafront, the marina and major shopping areas are approximately 15–20 minutes away by car, depending on traffic and the exact destination.

An Investment Opportunity in the Limassol Area

With its generous plot size and approved plans for 12 apartments, this property presents an attractive opportunity for developers looking to enter or expand within the Limassol residential market. Its location combines the appeal of a quieter setting with practical access to established urban areas and key transport links.

Contact us today for further information, planning documentation and details of the approved development.