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Commercial Plot 3351 m²

Limassol, Polemidia - Apostolos Varnavas
Posted: 07.04.2026 11:11 Ad ID: 5825651
Commercial Plot 3351 m²-1 Commercial Plot 3351 m²-2
  • Density: 100
  • Coverage: 50
  • Land type: Plot
  • Plot area: 3351 m²
  • Plot Type: Commercial
  • Online viewing: Νο
  • Square meter price: €1.044 /m²
Location: Limassol — Polemidia - Apostolos Varnavas
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Commercial development site with two adjacent plots and separate title deeds, located in the Agios Giannis area of Kato Polemidia, Limassol.

Key Facts

Total land area: 3,351 m²

Designed commercial scheme: approx. 4,100+ m² total usable areas

Internal rentable area: approx. 2,119 m²

Basement: ~833 m² (parking / storage)

Modern office building with roof garden & amenities

Permits and full design package already issued

Investment Highlights

Target rents: €40–€43 per m²

Estimated annual gross rent: ~€1.02m – €1.09m

Stabilised NOI: approx. €870k – €935k p.a.

Attractive yield profile for office investors or corporate HQ buyers

Purchase Structure Advantage

Share sale (company acquisition)

No VAT on acquisition

No Land Registry transfer fees

VAT reclaim inside the company (~€200,000)

This materially improves the buyer’s effective entry cost compared to a standard title transfer.

Price

Asking price: €3,500,000

Licensed Real Estate Agency

CREA Reg. No. 742 & CREA Lic. No. 378/E

CSC Zyprus Property Group LTD

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Run a full technical and legal real estate check today
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
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    +357 96 504 296
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
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    +357 22 377 004

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€3.500.000
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Zyprus Property Group LTD Zyprus Property Group LTD
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Posting since dec, 2023

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