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562 SQM Commercial Land for sale in Verengaria Limassol, Limassol

Verengaria Limassol, Limassol, Cyprus
562 SQM Commercial Land for sale in Verengaria Limassol, Limassol 315 Verengaria Limassol
750000 €750,000  ($785,556)
562 SQM Commercial Land
Verengaria Limassol, Limassol

€750,000  ($785,556)

VAT Applicable not included in the price
Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $27,494

Average Bank Rate (€750,000)
1 USD = 0.9225 EUR
$813,050

Mid-market rate (€750,000)
1 USD = 0.9547 EUR
$785,556

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Planning Zone

Commercial (ΕΒ)

Description: Commercial And Other Activities. (Εμπορικες Και Αλλες Δραστ. Εκτος Πυκν. Περ. Πολης)

Coverage: 0.5

Density: 1.4

Height: 11.3 meters

Allowed stories: 3

Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)


Nearby planning zones

Residential: 0.45 Km

Tourist: 5.93 Km

Industrial: 2.16 Km

Agricultural: 1.57 Km

Farm: 6.79 Km

Key features

  • Listing ID: 1602438 (27343)
  • Plot: 562 sqm

Description

An outstanding opportunity to invest in a prime commercial plot of 562 sq.m. located in the thriving area of Kato Polemidia. This corner plot enjoys a highly visible position on a main road, surrounded by essential amenities such as schools, bus stops, and retail outlets. Its strategic location is further enhanced by proximity to the new TEPAK University, making it an excellent choice for businesses seeking high footfall and visibility. The plot also benefits from excellent connectivity, with easy access to major highways and central roads.

Currently available with a licensed project, this property is ready for immediate development into a commercial building. The approved plans include:

- Basement parking to accommodate clients and staff conveniently.
- Ground floor retail shop with ample space and flexibility for a variety of businesses.
- Mezzanine area for additional commercial or office use.
- Two office floors, ideal for modern workspaces with high rental demand in the area.
- Roof garden, perfect for creating a unique leisure or event space with potential city views.

This plot offers unlimited potential with open density and floor area ratios, depending on the final building license application. Situated in one of Limassol's rapidly developing districts, it represents a rare chance to secure a property that combines functionality, location, and investment potential.

Whether you’re looking to develop a dynamic office and retail complex or simply secure a high-value asset in a key location, this project is an unparalleled opportunity. Contact us today for more information or to arrange a site visit.

Disclaimer - Property reference 1602438. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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