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Pay in USD and save up to $81,022Building for sale in the heart of Limassol, at Katholiki area, situated at Makarios Avenue, the most commercial road of Limassol city. The building sits on a 738 square meters plot and holds an Εβ2 commercial zone, offering a 180% building density ratio, 50% coverage ratio, and allowance of six floors of the development. The commercial zone and the plot square meters allow the development of 1,328 square meters of commercial space in total, an ideal option for investors who are seeking to develop new commercial offices in the heart of Limassol. The property has a northeast orientation and connects with two roads. The property is in need of renovation and currently, it offers 5 shops on the ground level and an upper-level house, totaling up to a 734 total covered area.
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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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