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1,770 SQM Commercial Plot
Omonoia, Limassol

€4,500,000  ($5,196,833)

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 $181,889

Average Bank Rate (€4,500,000)
1 USD = 0.8366 EUR
$5,378,722

Mid-market rate (€4,500,000)
1 USD = 0.8659 EUR
$5,196,833

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.

Planning Zone

Commercial (ΕΒ4)

Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)

Coverage: 0.5

Density: 1.4

Height: 17 meters

Allowed stories: 4

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.49 Km

Commercial: 0.58 Km

Tourist: 5.83 Km

Industrial: 1.46 Km

Agricultural: 2.02 Km

Farm: 8.67 Km

Key features

  • Listing ID: 7741069 (2579)
  • Plot: 1770 sqm

Description

Presenting this exceptional mixed-use plot located in the Omonoia area of Limassol, spanning a total area of 1,770m2. Ideally situated just 5 minutes from the highway and 10 minutes from the city centre, this property offers a prime investment opportunity for both developers and investors.

According to Limassol’s local town plan, the plot falls within two zones — the residential zone (Kα4) with a 120% building density and 50% coverage, and the commercial zone (Eβ4) with a 140% building density and 50% coverage. These planning parameters support the development of mixed-use buildings up to four floors and 17 meters in height, allowing for a versatile mix of offices, retail spaces, restaurants, or residential units.

Currently, the plot includes an operational oil station, leased with an annual rental income of €12,000 per month until 2037, providing a secure and immediate return on investment.

This property presents a rare opportunity to acquire a strategically positioned plot in one of Limassol’s most dynamic and rapidly developing commercial areas.

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
€176,600 ($203,947)
If buying on joint names
€173,200 ($200,020)

Disclaimer - Property reference 7741069. 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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