All properties
Prime Commercial Plot with Approved Office Building Permit in the highly central and sought-after area of Katholiki, LimassolFor Sale

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

Ref. LEX-EB-18093
Covered
430 m²
Plot
519 m²

About this property

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

Features

  • City view
  • Connected to electric mains
  • Easy access to highway
  • Easy access to main roads
  • Heart of city center
  • Investment opportunity
  • Near amenities
  • Near bus route
  • Prime land
  • Quiet area

Location

Katholiki, Limassol
Directions
Loading map…
Explore Limassol

More property in Limassol, Cyprus

Cyprus' financial and lifestyle capital. Browse similar homes for sale and rent, or read our Limassol area guide.

Investment tools