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A commercial plot of 335 m2 is for sale in the Limassol city center, in the Agios Nikolaos area, on one of the main arteries of the city - Griva Digeni Avenue. The plot has a corner location with access to two roads, which provides excellent visibility and convenient access. Located 580 meters from the sea with easy access to the main roads and the entire urban infrastructure. The site is located in the planning area Eß3 (100%), designated for commercial development, with a building factor of 160% and a coverage of 50%. It is allowed to build up to 5 floors with a maximum height of 20.5 m. There is an old building on the site. There are ready-made architectural plans submitted for licensing, according to the submitted renderings. There are Title Deeds available. The plot is ideal for the construction of an office center or commercial building in one of the most sought-after areas of the city.
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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