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Exclusive opportunity in Limassol s Historic Quarter, Agia Triada area
Limassol Town Centre, Limassol, Cyprus
REF: 999554
€1,890,000
Description
Exclusive opportunity in Limassol s Historic Quarter, Agia Triada area. Presenting an exceptional investment opportunity: two connected residential plots totaling 630 square meters, situated in the prestigious Agias Triadas district of Limassol Municipality. Positioned just 200 meters from the coastline and within walking distance to Molos Promenade, Limassol Marina, the Castle, and the vibrant commercial streets of Gladstonos and Anexartisias, this location offers unparalleled access to the city's most desirable amenities. Property Specifications Located in the heart of Limassol's Old Town Total buildable area: up to 970 sq. meters Building density: 140% | Coverage ratio: 70% Maximum permitted building height: 12.5 meters (three floors) Includes a 120 sq. meter 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. Planning and building permits are available upon request. Additional architectural drawings and documentation can be provided upon inquiry.
Exclusive opportunity in Limassol s Historic Quarter, Agia Triada area. Presenting an exceptional investment opportunity: two connected residential plots totaling 630 square meters, situated in the prestigious Agias Triadas district of Limassol Municipality. Positioned just 200 meters from the coastline and within walking distance to Molos Promenade, Limassol Marina, the Castle, and the vibrant commercial streets of Gladstonos and Anexartisias, this location offers unparalleled access to the city's most desirable amenities. Property Specifications Located in the heart of Limassol's Old Town Total buildable area: up to 970 sq. meters Building density: 140% | Coverage ratio: 70% Maximum permitted building height: 12.5 meters (three floors) Includes a 120 sq. meter 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. Planning and building permits are available upon request. Additional architectural drawings and documentation can be provided upon inquiry.
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Currency Exchange
Limassol Town Centre, Limassol, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,890,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,890,000 | £1,560,101 | £1,640,728 | £80,627 |
| Property Price € | €1,890,000 |
| Minimum cost in the last six months | £1,560,101 |
| Maximum cost in the last six months | £1,640,728 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £80,627 |
Limassol Town Centre, Limassol, Cyprus
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Cyprus do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Cyprus takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €1,890,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €1,890,000 | £1,560,101 | £1,640,728 | £80,627 |
| Property Price € | €1,890,000 |
| Minimum cost in the last six months | £1,560,101 |
| Maximum cost in the last six months | £1,640,728 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £80,627 |
The exchange rate on the day you make an offer on your property in Cyprus will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £80,627 more.
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