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Mixed-use building


Information :

  • price: 2500000
  • region: Cyprus > Limassol > Limassol - Agios Georgios
  • releaseTime: Posted: Yesterday 13:03
Location :
More Information :

  • Energy Efficiency: N/A
  • Commercial property Type: Building
  • Construction year: 1994
  • Included: Elevator, Balcony
Description :

FOR SALE – QUICK DEAL (No VAT) Asking Price: €2,500,000 (Negotiable) An exceptional opportunity to acquire a mixed-use commercial and residential building in one of Limassol’s most strategic locations. This four-storey property comes with a valid building permit for an additional 2 to 3 floors, offering significant expansion potential. Ideally suited for conversion into a prominent commercial or medical center, it is available for immediate sale due to other investment commitments. Prime Location: Situated in the Agios Georgios quarter of Limassol Municipality, at the high-visibility intersection of Spyrou Kyprianou Avenue and Nikou Pattichi Avenue, just 600 meters from the Troodos roundabout. The area is surrounded by key services and amenities, with direct access to the city center and highway. This fully rented property represents an attractive, income-generating investment with substantial upside for development or repositioning. Key Features: Land Area: 1,135 m² Fully Rented Investment Asset 3 Two-Bedroom Apartments (80 m² each) – all with front and back balconies 3 Three-Bedroom Apartments (124 m² each) – all with front and back balconies 3 Ground-Floor Shops 2 of the shops have mezanine areas Parking for 13 Vehicles Rooftop Signage Board (rented) Elevator & Solar Water Heating System Zoning Allows for Additional Floors Cadastral Details: District: Limassol Municipality: Limassol Quarter: Agios Georgios Reg. Number: 2/435 Sheet/Plan: 54/490504 Parcel Number: 592 Block: 2 Share: 1/1 Planning Zone: Zone: Εβ4 (Mixed-Use – Commercial & Residential) Building Density: 140% Coverage Coefficient: 50% Legal Status: Clear Title Deed (Land & Building) Eligible for Separation into Individual Unit Title Deeds This is a rare opportunity to invest in a solid, income-producing property with room for future growth in one of Limassol’s most sought-after areas. Serious inquiries only.
Oaknest
Author

Oaknest

Furniture Retail

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