Commercial land 2932 m²
Reference ID: #SA33151Price details: €5,500,000Discover an exceptional investment opportunity with this rectangular 2,932 sq.m. commercial land located on the prestigious Arch. Makarios Avenue.Boasting planning and building permits, this prime property offers a strategic and lucrative location for ventures seeking prominence in a bustling commercial area.The generous frontage of the land enhances its development potential, providing a canvas for a variety of business prospects.With an allowed density area of 4,490 sqm, the possibilities for creating a substantial and impactful development are vast.One distinctive feature of this property is the option to acquire it with company shares, a strategic move that eliminates VAT and Transfer Fees.This makes the investment even more attractive, offering potential savings and increasing the overall return on investment.Noteworthy is the total area, including the basement, which spans an impressive 7,814 sqm.
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 22 875 353
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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Legal inspection:M.PARASCOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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