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Commercial Building
Agios Ioannis, Limassol

€2,000,000  ($2,279,218)

Chrissaf Real Estate

Chrissaf Real Estate

Reg. No:1036 / License No :502/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $79,773

Average Bank Rate (€2,000,000)
1 USD = 0.8478 EUR
$2,358,990

Mid-market rate (€2,000,000)
1 USD = 0.8775 EUR
$2,279,218

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 9004823 (CH5489)
  • Plot: 447 sqm
  • Residential zone
  • No VAT
  • Title Deeds

Description

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 privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€76,600 ($87,294)
If buying on joint names
€73,200 ($83,419)

Disclaimer - Property reference 9004823. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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