€4,500,000 $5,001,323
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Pay in USD and save up to $175,046Planning Zone
Residential (ΚΑ7)
Description: Areas With Dominant Use The Residence (Περιοχες Με Επικρατουσα Χρηση Την Κατοικια)
Coverage: 0.45
Density: 0.8
Height: 13.5 meters
Allowed stories: 3
Development description: Local Plan Of Limassol (Τοπικο Σχεδιο Λεμεσου)
Nearby planning zones
Residential: 0.75 Km
Commercial: 0.8 Km
Tourist: 8.31 Km
Industrial: 0.51 Km
Agricultural: 0.3 Km
Farm: 6.85 Km
Key features
- Listing ID: 1502856 (480031001_538)
- Plot: 6232 sqm
- Modern, Near Highway, Near Hospital, Near Shops, On Busy Road, Sea View
Description
This Commercial Plot of 6,232sqm is located on the main commercial road of Ypsonas (on the Corner of Elia Kannaourou Avenue & Kiparission Str.), at a distance of 700 meters west of the roundabout of Paphos and 750 meters south of the Limassol-Paphos motorway. The property is situated close to various amenities and services, approximately 3 km from Limassol Casino and Limassol Mall, 4km from Limassol’s New Port and 5km from Limassol Marina.
The Plot has architectural plans and permits for a mixed use project called 'Limassol West', consisting of a 7,660m² High-tech Office Building and 3 residential buildings of 3,030m² with 38 apartments adjacent to it. The project is like no other in terms of design, functionality, and location. Situated on 6,232sqm of prominent real estate, on the roundabout of a planned four-lane road, 'Limassol West' offers the advantage of great visibility and easy accessibility from the highway and Spyrou Kyprianou Avenue (ex Makedonia Av.).
The complex is ideal for companies wanting to provide Employee Accommodation near to their Offices, while at the same time appreciate state-of-the-art technology, smart building management, and the benefits and the necessity of an eco-conscious business environment.
7,660m² COMMERCIAL BUILDING
The Commercial Building consists of a 1,300m² Ground floor (with mezzanine) and 4 additional floors of 1,000m² each of open plan office spaces, versatile and adaptable to any business prerequisites. The building has a total of 92 parking spaces on the ground floor and underground parking facility of 2,000m². It features a fully functional gym and additional storage.
The Building's rooftop enjoys panoramic sea views and will accommodate a beautiful terrace with catering facilities, where private gatherings and events can be hosted, or can simply be used as a space to get away from it all and enjoy the view.
3 RESIDENTIAL BUILDINGS of 3,030m²
Three blocks of 3 and 4 floors complete the project, with a selection of 10x2 bedroom and 28x1 bedroom apartments with large verandas, each with its own private parking space and store room. The modern design and first-class finishes used in the apartments ensure functionality and comfort to the residence, while the gated entrance provides a sense of security and comfort.
Features:
- 92 parking spaces
- Gym Facilities
- Seaview Rooftop
- Raised floors & VRV Air Conditioning Units
- Photovoltaic solar panels – for energy saving
- Covered Verandas for ease of maintenance
- High-tech facilities
- 38 Apartment Units adjacent to the commercial building with 40 parking spaces
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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