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Mixed Use Project
Omonoia, Limassol

€600,000  ($686,395)

LifeRealty

LifeRealty

Reg. No: 1234 / Licensed No: 603/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 $24,024

Average Bank Rate (€600,000)
1 USD = 0.8446 EUR
$710,419

Mid-market rate (€600,000)
1 USD = 0.8741 EUR
$686,395

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: 1813735 (2142)
  • Plot: 262 sqm

Description

We present this prime mixed-use building, ideally located in the vibrant Omonoia area of Limassol. Situated along a busy commercial street, the property offers excellent visibility and accessibility, surrounded by banks, shops, restaurants, and schools.

The building falls within the Εβ4 commercial zone according to local town planning regulations.

Currently, the property comprises two completed floors. The ground floor features two shops, each with its own toilet, air-conditioning, and parking area. The mezzanine offers a one-bedroom apartment with a living room, kitchen, and bathroom. The first floor includes another one-bedroom apartment, along with two separate studio units, each with a living area, kitchen, and bathroom. Additionally, the second floor remains incomplete, providing significant potential for further development or expansion for either residential or commercial purposes.

Importantly, the property is offered with vacant possession, meaning it is currently empty and free of tenants, allowing the new owner immediate flexibility for redevelopment, renovation, or owner-occupation.

With strong redevelopment potential and the possibility of generating substantial rental income, this building presents an excellent investment opportunity for developers and business owners alike.

Building Specifications:

- Ground Floor Shops: 64m2

- Mezzanine (Legal + Extension): 64m2

Eastern Mezzanine:
- Covered Area: 57m2

-First Floor:
- Covered Area: 117m2
- Covered Veranda: 8m2

Second Floor (Unfinished):
- Covered Area: 117m2
- Covered veranda: 8m2

Contact us today for detailed information.

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 ($23,566)
If buying on joint names
€17,200 ($19,677)

Disclaimer - Property reference 1813735. 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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