Commercial for sale
Agios Ioannis, Limassol, Cyprus
£1,010,278 *
[€1,150,000]
Full Description
Located in one of Limassol’s most strategic areas, this commercial plot with an existing old building offers exceptional investment and redevelopment potential. The property covers a total area of 829 m² with 592 m² of plot size and belongs to the ?ß4 commercial planning zone with 140% building density, 50% coverage, and allowance for up to 4 floors.
The existing structure includes six ground-floor shops, offices, and apartments distributed across multiple levels. Architectural plans and 3D designs for a new mixed-use development are already available, and a town planning permit is expected soon.
Key Features:
– Total area: 829 m² | Plot size: 592 m²
– Existing building (shops, offices & apartments)
– Building density: 140% | Coverage: 50% | 4 floors allowed
– Commercial zone: ?ß4
– Construction year: 1980
– Total covered area: 1,962 m²
– Basement (455 m²) + shops, offices & apartments
– Excellent location with easy road access
– Suitable for retail, offices & residential use
An outstanding opportunity for developers and investors to create a modern mixed-use project in the heart of Limassol with strong growth and rental potential.
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