Excellent opportunity for a developing company to erect a luxury multi-story purpose build offices building in the middle of Limassol, right on Makarios III Avenue with services, banks and all amenities at a walking distance.

The existing building  which can of course be renovated, consists of the covered parking area, ground floor with mezzanine (387sq.m), the 1st floor (225sq.m) and the 2nd floor (225sq.m). That's a total of 837sq.m of covered areas. 

The plot is 518sq.m and it falls in the Εβ2 zone which is a commercial zone and for other services. The building density factor is 180%, the cover coefficient is 50%, 6 floors are allowed over a maximum height of 24m

*As there is an existing building on the land, this sale shall not be subject to VAT charge

**The building is vacant so no trouble with existing tenants