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Whole Building for Sale in the Heart of LimassolPrime investment opportunity in the very center of Limassol.This entire building sits on a 450 sqm plot and currently consists of:13 Office Units2 Ground Floor ShopsWith a building density of 160% and allowance for up to 3 floors, the property offers excellent development potential.Development Potential:The building can be converted into approximately 36 studio apartments, making it ideal for:Student accommodationAirbnb / short-term rentalsLong-term rental investmentLocated in the vibrant heart of the city, within walking distance to amenities, shops, business centers, and public transport, this property presents a rare opportunity to maximize ROI in one of Cyprus’ most sought-after locations.Plot Size: 450 sq.m.Density: 160%An outstanding opportunity for investors and developers looking for strong returns in central Limassol.
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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