547m² Land in Limassol, Cyprus No. 45226

2
547m² Land in Limassol, Cyprus No. 45226
ID45226 $ 1 509 740
45226

Property description

This unique commercial plot of 547m2 is located in an ideal position for the development of a state-of-the-art office building. Situated in the meridian between East and West Limassol and a high-demand commercial avenue leading to the city centre. It has quick and easy access to the highway a rectangular shape and even surface.

It constitutes an ideal opportunity for the development of a modern office building.

The plot now hosts a commercial building that was built in 1980 with the following measurements:

1. Ground Floor Shop with Mezzanine and Auxiliary Space: 333m2

2. Flat 1: 76m2 (2-bedroom)

3. Flat 2: 114m2 (3-bedroom)

4. Flat 3: 114m2 (3-bedroom)

Total: 637m2

All flats and shops are currently rented with a monthly rent of €5300 (no statutory tenants apply)

The commercial plot falls into the commercial zone Εβ4 with the following development characteristics:

* Plot Area: 547m2

* Density: 140%

* Buildable area: 766m2

The property is not subject to VAT. Price is negotiable.

Contact us for a viewing.

Reference number: 1046
Share: No
Density: 140
Coverage: 50
Land type: Plot
Plot area: 547 m2
Plot Type: Commercial
Planning zone: Εβ4
Online viewing: Νο
Square meter price: €2.651 /m2:
Limassol - Statistics
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ParametersLimassol
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ParametersLimassol
Crime Index38.54
Cost of Living and Rent Index46.23
Purchasing Power Index100.65
Property Price to Income Ratio9.69
Safety Index61.46
Traffic CO₂ Index3692.24
Traffic Inefficiency Index100.97
Rent Index35.34
Health Care Index51.26
Groceries Index51.13
Pollution Index58.82
Traffic Commute Time Index21.38
Restaurant Price Index61.60
Climate Index95.74
Cost of Living Index54.98
Quality of Life Index158.31
Traffic Index96.82
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ParametersLimassol
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CityLimassol
TypeLand
Living space547 m²
  • sq. ft
Price
  • Price
  • per m²
$ 1 509 740