€4,200,000 $4,368,675
Fox Smart Estate Agency Limassol
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Pay in USD and save up to $152,904Planning Zone
Commercial (ΕΒ4)
Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)
Coverage: 0.5
Density: 1.4
Height: 17 meters
Allowed stories: 4
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Residential: 0.3 Km
Commercial: 0.62 Km
Tourist: 4.84 Km
Industrial: 2.88 Km
Agricultural: 2.53 Km
Farm: 7.77 Km
Key features
- Listing ID: 1604676 (27352)
- Plot: 1904 sqm
Description
Discover a unique investment opportunity on Spyrou Kyprianou Avenue, one of the most sought-after locations in the city center. This impressive 1,904 sq.m. plot combines versatility and income potential, with 67% zoned for commercial use (140% building density) and 37% zoned for residential use (100% building density).
Located in a bustling area surrounded by thriving commercial developments, this property is perfectly positioned for a high-profile project. It offers the flexibility to accommodate a large office building, a mixed-use development, or other ambitious ventures, capitalizing on its prime visibility and excellent connectivity.
Adding immediate value, the property includes a rentable premise currently generating a steady income of €5,000 per month. With limited options left in this premium neighborhood, this land stands out as a rare and lucrative investment.
Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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