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Commercial Building for Sale on Makariou Avenue
A rare investment opportunity to acquire a commercial property in the heart of Limassol's prestigious Makariou Avenue. Offering strong redevelopment potential, this property is ideal for developers looking to create a landmark residential or mixed-use project in a prime city-centre location.
The property currently comprises two large retail shops, two apartments located at the rear, and a spacious underground parking area. The existing structure can be demolished and redeveloped into a six-storey residential or mixed-use building, maximizing the potential of this prime location.
Property Features:
Commercial building for sale
Two large retail shops
Two apartments
Spacious underground parking
Suitable for demolition and redevelopment
Potential for a 6-storey building
Excellent opportunity for developers and investors
Walking distance to all amenities and the city centre
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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