Details

Prime Development Plot in Columbia – Germasogeia, Limassol

484m² | Ka5 (100%) | 3 Floors | 13.5m Height

Exceptional Investment Opportunity

Located in the highly desirable Columbia area of Germasogeia, Limassol, this 484m² residential plot offers a rare opportunity for developers, investors, or end-users. Columbia is one of Limassol’s most active redevelopment zones, where older homes are being replaced by modern apartment buildings, reflecting strong and consistent demand for contemporary residential units.

Existing Property

The plot currently features:

2-bedroom upper house (built 2017)

2-bedroom lower house (built 1996)

The property is offered as one complete plot, providing flexibility for immediate use or redevelopment.

Immediate Use & Income Potential

This property can be:

Occupied as a multi-family residence

Rented out for immediate income

Renovated or remodelled for resale

Used as two separate residential units

This allows for instant rental returns while planning or designing a future development.

Planning & Development Details

Planning Zone: Ka5 (Residential)

Building Density: 100%

Coverage Ratio: 50%

Maximum Floors: 3

Maximum Height: 13.5 metres

The Ka5 residential zone allows full-scale residential development, making this plot ideal for a boutique apartment building.