Commercial land 508 m²
This 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.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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