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Commercial for sale

Limassol, Cyprus

£1,204,519 *  [€1,450,000]

Commercial for sale

Limassol, Cyprus

£1,204,519 *  [€1,450,000]

Property Details


  • Bedrooms: 0
  • Bathrooms: 0
  • Plot size: 547 m2
  • Habitable space: 637 m2

Features


  • Easy access to main roads
  • Easy access to highway
  • Investment opportunity
  • Near amenities

Full Description


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 ?ß4 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.
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Map may not show exact location

This property listing (ref: 1047) is an advertisement supplied by Life Realty and does not constitute property particulars. While aplaceinthesun.com (APITS Ltd.) requests all advertisers supply correct details, it does not carry out checks on the information supplied and cannot be held responsible for any inaccuracies. Aplaceinthesun.com recommends seeking independent legal advice prior to any overseas property purchase.
*Based on an exchange rate of 0.8307 from Euro to GBP. This rate is updated daily and is an indicative market rate supplied by A Place in the Sun Currency. Actual trading rates vary.