560m² Building for Sale in Limassol District

Limassol district Posted 1 year ago Updated 3 months ago

3Bathrooms

560 m²Covered area

1,180 m²Plot

Pre-OwnedCondition

1990 and olderBuilt

Storage room

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1st Class Homes Agency · Reg. 690 · Licence 367/E 6,641 for sale

About this home

An exceptional investment opportunity located in the heart of Limassol City Centre! This historic commercial building, constructed in 1935, sits on a prime plot of 1180 sq.m. with a total covered area of 560 sq.m.
The property boasts a building density of 180% and a coverage ratio of 70%, making it ideal for future expansion or redevelopment.
Its central location offers high visibility and easy access, perfect for a variety of commercial uses including offices, retail outlets, or a boutique hotel.
Don’t miss this chance to own a piece of Limassol's history with immense potential for modern development.

Zone: Πα6
Building Factor: 180 %
Coefficient Build: 70 %
Height: 10m
3 Storeys

Total extent of Land 1180m2 X 180% Building Factor = 2124.00 sq.m
Existing Building = 660.00 sq.m
Remainder extent of Building Factor = 1464.00 sq.m

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Reference: 54110
Property type: Building
Plot area: 1,180 m²
Construction year: 1990 and older
Title deed: Has Title

What it will really cost

Asking price€6,000,000

Title transfer fee ~€236,600

Title deedHas Title

Estimated total€6,236,600

Mortgage estimate

Deposit Interest rate Term

Monthly payment—

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

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