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Pay in USD and save up to $46,852This unique commercial plot of 508m2 is located in an ideal position for the development of a state-of-the-art office building. Situated in the meridian between East and West Limassol and a high-demand commercial avenue leading to the city centre. It has quick and easy access to the highway a rectangular shape and even surface.
It constitutes an ideal opportunity for the development of a modern office building.
The plot now hosts a commercial building that was built in 1980 with the following measurements:
1. Ground Floor Shop with Mezzanine and Auxiliary Space: 333m2
2. Flat 1: 76m2 (2-bedroom)
3. Flat 2: 114m2 (3-bedroom)
4. Flat 3: 114m2 (3-bedroom)
Total: 637m2
All flats and shops are currently rented with a monthly rent of €5300 (no statutory tenants apply)
The commercial plot falls into the commercial zone Εβ4 with the following development characteristics:
• Plot Area: 508m2
• Density: 140%
• Buildable area: 766m2
The property is not subject to VAT. Price is negotiable.
Contact us for a viewing.
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.
Disclaimer - Property reference 1501299. 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.
