Commercial building for sale in Limassol

This unique commercial plot of 547m2 is located in an ideal position for the development of a state-of-the-art office building. Situated in the meridian between East and West Limassol and a high-demand commercial avenue leading to the city centre. It has quick and easy access to the highway a rectangular shape and even surface.

It constitutes an ideal opportunity for the development of a modern office building.

The plot now hosts a commercial building that was built in 1980 with the following measurements:
1. Ground Floor Shop with Mezzanine and Auxiliary Space: 333m2
2. Flat 1: 76m2 (2-bedroom)
3. Flat 2: 114m2 (3-bedroom)
4. Flat 3: 114m2 (3-bedroom)
Total: 637m2
All flats and shops are currently rented with a monthly rent of €5300 (no statutory tenants apply)

The commercial plot falls into the commercial zone Εβ4 with the following development characteristics:
Plot Area: 547m2
Density: 140%
Buildable area: 766m2

The property is not subject to VAT. Price is negotiable.

Contact us for a viewing.