FOR SALE – QUICK DEAL (No VAT)
Asking Price: €2,800,000 (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
Potentials of the building extention on the side.
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.
