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837m² Building for Sale in Limassol - Katholiki

  • Brand New
  • 837m²
  • €2 200 000
  • + VAT
Price per m²
€2628/m²
VAT
Not Included in Price
VAT for this property is €362,803 (Reduced 5% rate) or €418,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: VL25107
  • Plot area: 518m²
  • Energy Efficiency: C

Excellent opportunity for a developing company to erect a luxury multi story purpose build offices building in the middle of Limassol right on Makarios III Avenue with services banks and all amenities at a walking distance. The existing building which can of course be renovated consists of the covered parking area ground floor with mezzanine 387sq.m the 1st floor 225sq.m and the 2nd floor 225sq.m . That s a total of 837sq.m of covered areas. The plot is 518sq.m and it falls in the Εβ2 zone which is a commercial zone and for other services. The building density factor is 180 the cover coefficient is 50 6 floors are allowed over a maximum height of 24m As there is an existing building on the land this sale shall not be subject to VAT charge The building is vacant so no trouble with existing tenants

Still have questions? Reach out to listing owner.
How big is the uncovered veranda? How many floors does the building have in total? Does it have an air conditioning? Does the property have a parking lot? Is it furnished? What is the energy source?
  • Minucipality: Limassol - Katholiki
  • District: Limassol
  • €2 200 000
  • + VAT
Price per m²
€2628/m²
VAT
Not Included in Price
VAT for this property is €362,803 (Reduced 5% rate) or €418,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:693 L.N.:365/E
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