€2,500,000 $2,607,499
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Pay in USD and save up to $91,262Key features
- Listing ID: 1625125 (49879)
Description
Commercial Building for Sale in Katholiki Area of Limassol. A unique investment opportunity in a commercial building located in the Katholiki area of Limassol Municipality. The property enjoys a prime position with a total frontage of approximately 65 meters (22 meters on the avenue and 43 meters on the street).The building is ideally situated close to numerous amenities and services, offering excellent access to the city center and the motorway. It is located within the heart of Limassol Municipality, approximately 1.8 km north of Limassol Marina.
Constructed in 1968, the building spans approximately 559m² on the ground floor, 386m² on the mezzanine, and 1,062m² in the basement. The total land area of the plot is 1,156m².
The property falls within two planning zones: Commercial Zone Εβ2 (46%) with a maximum building density of 180% (up to 5 floors) and Residential Zone Κα3 (54%) with a maximum building density of 140% (up to 4 floors).
The property will be delivered vacant as of 15/02/2025, making it an excellent opportunity for developers and private investors.
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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