Commercial Plot 438 m²
Commercial Plot – Central Limassol (Agios Ioannis Area)
Location Overview
The plot is located in the Agios Ioannis area of Limassol.
The area benefits from central positioning, offering excellent connectivity to major parts of the city while maintaining a residential atmosphere.
Why This Location Is Ideal for Apartment Development
? Strategic Urban Location
Central Limassol positioning
Easy and fast access to:
City center
Main business zones
Port & marina areas
Highway network
Strong daily activity and excellent accessibility without congestion
? Consistent Residential Demand
Agios Ioannis is in constant demand due to:
Proximity to employment hubs
Popularity among young professionals and families
Preference for modern apartments over older housing stock
Strong interest from long-term tenants
➡️ This ensures fast rental absorption and stable demand for new developments.
Plot Characteristics
Plot size: approx. 438 m²
Suitable for residential apartment development
Balanced surroundings with:
Urban views
Open, unobstructed outlook
Flat and efficient plot configuration
Excellent construction and layout flexibility
Area Profile
Quiet, residential environment
Fully developed infrastructure
Nearby amenities:
Shops & services
Schools
Restaurants & cafés
Good public transport access
Well-connected but not over-commercialized
Why Apartments Are the Optimal Development Choice
? Development Rationale
Apartments represent the highest-demand product type in the area
1- and 2-bedroom units offer:
Highest liquidity
Best rent-to-cost ratio
New-build apartments outperform older resale units in:
Rental value
Energy efficiency
Buyer appeal
? Investment & Financial Logic
Central locations with limited land availability
Lower risk compared to fringe developments
Stable rental yields
Strong resale demand upon completion
Excellent balance between development cost and exit value
? Capital Appreciation
Central Limassol land values trend upward long term
Regeneration of surrounding zones supports price growth
Residential density favors apartment developments
Ideal timing for mid-scale residential construction
Suggested Development Concept
Low- to mid-rise residential building
Contemporary architecture
1 & 2-bedroom apartments
Parking & storage provisions
Focus on:
Long-term rental performance
End-user appeal
Efficient layouts
Investment Conclusion
✔ Central residential location
✔ High rental demand
✔ Limited competing land supply
✔ Suitable plot size
✔ Strong long-term value
This is a solid, low-risk residential development opportunity in central Limassol.
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Στο Bazaraki από Αύγ, 2018
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