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Commercial Building
Omonoia, Limassol

€600,000  ($691,293)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/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 $24,195

Average Bank Rate (€600,000)
1 USD = 0.8386 EUR
$715,488

Mid-market rate (€600,000)
1 USD = 0.8679 EUR
$691,293

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: 8274573 (32856)
  • Plot: 262 sqm

Description

Prime Commercial Property in Limassol

Located on a prestigious commercial avenue in the heart of Limassol, this property offers exceptional potential for investment and development. Boasting easy access to all major arteries of the city and within walking distance to a variety of amenities, including the new port, this property provides both convenience and exposure in a thriving area.

The plot spans 268sqm and features a versatile building that can cater to various business and residential needs.

Building Breakdown:

Ground Floor: Two commercial shops, each 32sqm, offering prime retail space with high foot traffic.

Mezzanine: Two levels of mezzanine space, with 64sqm and 57sqm, perfect for additional commercial or office use.

1st Floor: A well-designed layout with a 1-bedroom apartment and 2 studios, totaling 117sqm with an additional 8sqm balcony.

2nd Floor: Currently unfinished, offering flexible space for further development, with 117sqm and an 8sqm balcony.

With a building density of 140% and a 50% coefficient, the property allows for up to 4 floors with a height of 17 meters, offering substantial future development potential.

Whether you’re looking to expand your business or invest in a high-demand area, this property provides a unique opportunity with strong rental and resale potential.

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
€20,600 ($23,734)
If buying on joint names
€17,200 ($19,817)

Disclaimer - Property reference 8274573. 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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