Bungalow in Peyia

Three-Bedroom Detached House for Sale in Tsireio / Katholiki Area, Limassol

Central Limassol is widely recognized as one of the most desirable, established, and accessible residential districts in the city. Residents and developers benefit from a prime location offering peaceful neighborhood living alongside seamless access to major commercial avenues, top-tier schools, local amenities, and the city center.

Construction Year – Older (Extensively renovated ~20 years ago; requires some repairs)

Title Deed Available – Building permit and separate title deed available

VAT not applicable - resale

Property Features:

Floor level - 1

Bedrooms – 3

Bathrooms – 2

Plot Area – 301 m² (Corner plot with a total frontage of 36.5 meters)

Total Property Area – 140 m²

Parking – Covered space

Furnishing – Unfurnished

Climate Control – Full air conditioning in all rooms

Additional Features – Garden, storage room, and online viewing available (No)

Energy Efficiency – Class C

Development & Exchange Potential:

Zoning / Building Density – 120% building coefficient, allowing for the construction of a three-story residential building featuring up to 6 one-bedroom apartments (or alternative unit configurations).

Exchange Option – Partial exchange is accepted for a new or used ready-to-deliver 1- or 2-bedroom apartment (up to 5 years old) in Limassol, valued up to 50% of the selling price.

Project Features:

Situated on a prominent 301 m² corner plot, hosting an independent ground-floor residence with existing building permits.

Presents a versatile investment opportunity, ideal either as a land asset for new residential multi-unit development or as a restoration project for a private family home.

Location:

Prime corner location in a top residential area of Limassol

Close proximity to essential services, schools, city transit routes, and downtown Limassol