We created a guide with questions for every seller.
We created a guide with questions for every landlord.
We created a guide with questions for every landlord.
VAT for this property is € or €399 000. 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.
Price History
This commercial/ industrial land of 5017 m² is a unique opportunity in a very high growth area of Limassol. It is strategically located , in close proximity to the New Port and to many prestigious multi – million residential, tourist and commercial developments, such as the new Casino Resort, the Fassouri Golf Resort and many others. It is ideal for building high technology, maritime, research, innovation, multi-functional building, combining office, laboratory spaces, research and manufacturing facilities, storage or only offices.The land enjoys high connectivity through the newly constructed Vertical Port Road which was funded by EU as part of the Trans-European Transport Network, to link Cyprus’ s greatest Port of Limassol with the inland. This 4 lane road has also pavements and cycling lanes connecting to many kilometres of cycling network. Bus routes are also available. The travel time to the New Port, the Mall, the new Casino Resort, the Fassouri Golf Resort etc is only 3 minutes.The plot enjoys an elevated topography and is highly visible from the Port Vertical Road. It has magnificent views to the Limassol bay, the Port, and the whole area. It falls within the planning zone Bδ5 of the Limassol Local Plan.Building Density and Coverage Coefficients: 60% . Building Height is not restricted. The size of the plot fulfills the Town Planning criteria for an ‘organized and uniform development’ under which it is possible to build many facilities additionally to the allowed building density coefficient such as: staff restaurant / cafeteria, meeting venue, gym and other wellness facilities. The total area that can be built including working spaces and such additional facilities is around 5000m2. Due to the large plot size, it is possible to install photovoltaic panels covering the greater part of the energy needs of the building.
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