Residential building in Limassol / Historical Center №209292

Sale of the investment project in historical center of Limassol. This project comprises two adjoining residential plots with a combined area of 630 m2, located in the historical district of Limassol, it’s located just 200 metres from the coastline and within easy walking distance of Molos Promenade, Limassol Marina, the Castle, and the commercial streets of Gladstonos and Anexartisia. Notably, one of the plots includes a listed building, which opens up attractive possibilities for company tax optimization and potential government incentives — a valuable advantage for investors seeking both strategic and financial benefits. Property Specifications Located in the heart of Limassol's Old Town The planning and building permits for the building with 18 apartments Total buildable area: 970 m2 Building density: 140% | Coverage ratio: 70% Includes a 120 m2 listed building eligible for significant government grants and financial incentives, including rental income tax exemptions This distinguished property presents a rare opportunity to develop a premium residential project in one of Limassol’s most sought-after districts. The blend of strategic location, development capacity, and fiscal advantages makes it a compelling proposition for investors and developers focused on high-end residential construction.