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€2,600,000

Building for Sale in Limassol – Agia Zoni

Limassol - Agia Zoni, Limassol district Posted 3 years ago Updated 3 weeks ago
486 m²Plot
Pre-OwnedCondition
CoveredParking
1990 and olderBuilt
  • Parking
G&P Lazarou Estate Agents Agency · Reg. 701 · Licence 442/Ε 5,347 for sale · 221 for rent

About this home

High-Potential Investment: Commercial & Residential Building in Agia Zoni, Limassol
Prime Core Opportunity with Unrivaled Development Upside

Imagine acquiring a landmark asset where the vibrant commercial pulse of central Limassol meets extraordinary vertical growth potential. Located in the elite Agia Zoni district, this two-storey building is a "blank canvas" for investors seeking immediate rental income combined with high-density redevelopment possibilities in the city's most prestigious commercial zone.

Diverse Composition & Future Growth
Set on a 486m² plot, the current structure is a high-utility mix of retail and residential:
Commercial Ground Floor: Three high-visibility shops with mezzanines, perfectly positioned for premium retail or professional showrooms.
Residential Level: Three spacious apartments supported by a dedicated roof-level laundry facility.
Development Potential: Falling within Zone Εβ2 (180% density), the site allows for a 24m height. Crucially, a permit for eight floors can be obtained, offering a massive leap in floor area ratio.

Location & Neighborhood Benefits
Situated in the heart of Limassol's urban core, you are seconds away from the city's primary landmarks:
Retail & Business: A stone's throw from the prestigious Gladstonos Street and Makariou Avenue, home to global banks and luxury boutiques.
Amenities: Walking distance to the Limassol District Office, private clinics, and the historic city center.
Connectivity: Central positioning ensures effortless access to the seafront and the highway via the city's main arteries.

Contact G&P Lazarou Estate Agents today at +357 25024949 to discuss this rare development opportunity!

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Reference
11422
Property type
Building
Plot area
486 m²
Construction year
1990 and older
Parking
Covered, Yes
Title deed
Has Title

What it will really cost

Asking price€2,600,000
Title transfer fee ~€100,600
Title deedHas Title
Estimated total€2,700,600
Mortgage estimate
Monthly payment—

Estimate only. Legal fees, stamp duty and mortgage costs are not included.

Location

Limassol - Agia Zoni, Limassol district · 3027

Approximate area — ask the agency for the exact address Open in Maps
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