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Mixed-used building in historical centr, limassol

Limassol, Historical Center
Posted: Today 06:06 Ad ID: 6557970
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  • Reference number: 245749
  • Area: 382 m²
  • Type: Mixed use
  • Condition: Resale
  • Plot area: 465 m²
  • Included: Parking
  • Postal code: 3036
  • Energy Efficiency: B
  • Square meter price: €3.927 /m²
Location: Limassol — Historical Center
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Approximate location
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Located on Agiou Andreou Street, one of the most prominent roads in the historic centre of Limassol and just a short distance from the seafront, this exceptional listed property presents a rare opportunity to restore and reposition a landmark building in a highly sought-after location. The property occupies a 465 m² plot and comprises a two-storey listed building with a total covered area of approximately 382 m². The ground floor offers 185 m² of internal space complemented by a 28 m² covered veranda, while the first floor provides 134 m² of covered area and a 35 m² covered veranda. As a protected historical building, the property benefits from government-supported renovation incentives and planning advantages. Situated within PA4 and PA7 planning zones, it offers flexibility for a variety of mixed-use concepts, including restaurant, residential, hospitality, office, retail, or other commercial applications. An additional development density allocation is available, providing significant future development potential and enhancing the long-term value of the asset. Combining heritage character, strategic location, planning flexibility, and development potential, this property represents an outstanding opportunity for investors, developers, and operators seeking a distinctive project in the heart of Limassol.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    HOME CHECK
    +357 96 504 296
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218

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Posting since may, 2023

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