For Sale : Building in Limassol, Ayios Ioannis
For Sale €2,000,000 Ref. No.: CH5489
€2,000,000
Ref. No. CH5489
No VAT
Resale
Limassol
Ayios Ioannis
Building
Year Built: 1991
Plot: 447m²
Plot Zone: Εβ2
Building Density: 180
Covering Factor: 50
Max floors: 6
Max Height: 24



Features
No VAT
Residential zone
Title Deeds


Description

Commercial Building for Sale on Makariou Avenue

A rare investment opportunity to acquire a commercial property in the heart of Limassol's prestigious Makariou Avenue. Offering strong redevelopment potential, this property is ideal for developers looking to create a landmark residential or mixed-use project in a prime city-centre location.

The property currently comprises two large retail shops, two apartments located at the rear, and a spacious underground parking area. The existing structure can be demolished and redeveloped into a six-storey residential or mixed-use building, maximizing the potential of this prime location.

Property Features:

  • Commercial building for sale
  • Two large retail shops
  • Two apartments
  • Spacious underground parking
  • Suitable for demolition and redevelopment
  • Potential for a 6-storey building 
  • Excellent opportunity for developers and investors
  • Walking distance to all amenities and the city centre