Cyprus
Create listing

Commercial for sale, Limassol

Posted: 15 hours ago
ID: 187463
Limassol, Cyprus
  • Total area: 600 m²
  • Coverage ratio: 50%
  • Density: 180%
€1 550 000

Reference number: 33939

Exceptional investment and owner-occupier opportunity in one of the city's most sought-after commercial locations. This prominent corner property enjoys excellent visibility and exposure on Makarios Avenue, benefiting from high traffic volumes and a prestigious business address. The existing building comprises two levels, featuring a spacious showroom at ground-floor level and office premises on the upper floor, making it ideal for a wide range of commercial uses. The property is well maintained and in good condition, allowing for immediate occupation or rental income generation. A key advantage is its significant development potential. Situated within a high-density commercial zone with a building density of 180% and a coverage coefficient of 50%, the plot permits development of up to six floors with a maximum building height of 24 metres. This offers the opportunity to substantially expand the existing structure or undertake a comprehensive redevelopment project to maximize returns. Additional features include rear parking facilities, a highly visible corner position, excellent accessibility, and a clean title deed ensuring a smooth transaction process. Property Highlights: Prime corner location on Makarios Avenue Existing two-storey commercial building Ground-floor showroom First-floor office accommodation High-profile frontage and outstanding visibility Building density: 180% Coverage coefficient: 50% Development potential for up to six floors (24m height) Rear parking area Building in good condition Clean title deed Ideal for investors, developers, corporate headquarters, showrooms, or mixed commercial use A rare opportunity to acquire a landmark commercial property with immediate usability and substantial future development potential in a prime business district.
Translate into English

Main Parameters

Building condition
Well maintained
Plot area
388 m²
Coverage ratio
50
Density
180
Total area
600 m²
Number of floors
2
Bedrooms
studio
Water
Central
Heating
Yes
Water Heating
Solar system
Kitchen
No
Electricity
Yes
Property status
Resale

Infrastructure

  • Parking place

Additional

  • Title deeds
FOX Smart Estate Agency avatar
FOX Smart Estate Agency

Location

Interactive map showing the area around the property. latitude 34.678887823911 and longitude 33.036682605743 Radius: 0.5 km Use the plus and minus buttons to zoom in and out.