Report Listing

Residential Land For Sale

€1,450,000

Limassol
Limassol, Limassol, Cyprus

547 sqm

Year Built: 0

Listed By: Bezino Trading Ltd

Listed On: 12/03/2024

Listing ID: GL11990465 View More Details

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 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.

Reference number: 1046
Share: No
Density: 140
Coverage: 50
Land type: Plot
Plot area: 547 m2
Plot Type: Commercial
Planning zone: Εβ4
Online viewing: Νο
Square meter price: €2.651 /m2:
Source: The World Property Journal

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