Prime Commercial Plot with Approved Office Building Permit in the Highly Central and Sought-After Area of Katholiki, Limassol

An outstanding opportunity to acquire a prime commercial plot with approved planning permit for a modern office building in the highly central area of Katholiki, Limassol.

Price: €1,500,000 No VAT No Transfer Fees

The property has a total land area of 519 m² and falls within the Εβ4 Commercial Zone, offering high-density development potential with a 140% building coefficient, 50% coverage, and permission for up to 4 floors plus roof garden.

The plot benefits from registered road access and frontage, ensuring excellent accessibility and visibility in one of Limassol’s most active business districts.

A key advantage of this property is the approved planning permit for a contemporary office building, designed with high specifications and modern architectural standards. The proposed development includes:

Total office areas of approximately 900 m² 4 floors of office spaces Roof garden with photovoltaic system Basement & ground floor parking (21 spaces in total) Reception area on ground floor

Each office floor is designed to offer efficient, open-plan layouts, ideal for corporate use.

The building specifications include:

High-quality curtain wall façade with double glazing Energy Efficiency Class A Raised floors & suspended ceilings High-speed elevator Access control system & CCTV Provision for automation systems on each floor

Additionally, there is an existing ground-floor house (122 m², built in 1952) currently on the plot, which can be demolished to proceed with the new development.

This property represents a ready-to-develop investment, significantly reducing time and risk for investors or developers seeking a premium commercial project in central Limassol.

Price: €1,500,000 (No VAT / No Transfer Fees)

KEY FEATURES

Location Katholiki, Limassol (Prime Central Area)

Plot Details

Size: 519 m² Zone: Εβ4 (Commercial) Development Potential Building Density: 140% Coverage: 50% Floors: 4 + Roof Garden Height: 17m

Approved Project (Planning Permit)

Office Building

Building Layout:

Basement Covered Area: 430 m² Parking Spaces: 21 total (basement + ground floor combined) Ground Floor Reception Area: 25 m² Floor Area (A, B, C levels): 214 m² Floor Area (D level): 186 m² 1st Floor Offices Internal Area: 213 m² Covered Veranda: 9 m² 2nd Floor Offices Internal Area: 213 m² Covered Veranda: 9 m² 3rd Floor Offices Internal Area: 213 m² Covered Veranda: 9 m² 4th Floor Offices Internal Area: 186 m² Covered Veranda: 9 m² Roof Garden Provision for photovoltaic panels TOTAL OFFICE AREA Approx. 900 m²

4 Office Floors Ground Floor Reception (25 m²) Roof Garden with solar panels

Parking Total: 21 Parking Spaces Basement + Ground Level

Building Specifications

Curtain wall façade with double glazing Aluminium & alucobond finishes Energy Efficiency Class A Raised floors (HPL) Suspended ceilings with LED lighting High-speed elevator (8 persons) Card access control system CCTV & alarm systems Automation provisions on each floor

Existing Structure Ground floor house (122 m²) Built: 1952 Can be demolished for development

Investment Highlights

Planning permit already approved Prime central location High ROI development potential Ready-to-build project Ideal for offices / corporate HQ