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Pay in USD and save up to $80,709Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)
Coverage: 0.5
Density: 1.8
Height: 24 meters
Allowed stories: 6
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Residential: 0.14 Km
Tourist: 3.83 Km
Industrial: 2.27 Km
Agricultural: 3.83 Km
Farm: 9.05 Km
We present this commercial plot with a total area of 705 m², ideally located in the Katholiki area of Limassol. Positioned on a prime commercial street, the plot offers excellent visibility and accessibility, surrounded by banks, shops, restaurants, and schools. This makes it an exceptional opportunity for businesses looking to establish themselves in one of Limassol’s most prominent and vibrant locations.
According to Limassol’s local town planning regulations, the plot falls within the Εβ2 commercial zone, allowing for the development of a building up to six floors and a maximum height of 24 meters.
This property offers strong potential for a commercial or mixed-use development, ideal for offices, exhibition spaces, retail outlets, or corporate headquarters. It is particularly appealing to high-profile companies seeking a strategic and prestigious address. An old residence on the plot will need to be demolished to unlock its full development potential.
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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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