Commercial Building for Sale in Center of Limassol


Property Overview

A unique investment opportunity and income-producing asset, this prominent commercial building occupies a prime corner position along a major avenue in the city of Limassol. The surrounding area is characterized by high-rise mixed-use developments with retail units on the ground level and offices or apartments above, reinforcing the property’s strong commercial appeal. The building is partly tenanted by a major local banking institution, offering immediate rental income and stable occupancy. Built in 1993, it stands on a generous 1,552 sq.m. plot with a total covered area of approximately 2,794 sq.m., including a basement, mezzanine, and five upper floors.


Location Description

The property enjoys an excellent location in a key commercial zone of Limassol, offering easy access to the city centre, main avenues, and the highway. The area benefits from a concentration of offices, financial institutions, and retail activity, making it ideal for corporate headquarters or mixed-use redevelopment. Its close proximity to Limassol Marina and other business landmarks enhances its long-term investment potential.


Layout & Accommodation

The building is arranged over seven levels, consisting of a basement, a ground floor with a mezzanine, and five upper floors.

Ground floor and mezzanine: reception area, offices, kitchen, storage room, ATMs, and toilets. The ground floor has an enclosed area of approximately 685 sq.m., and the mezzanine about 299 sq.m. These levels are tenanted by a major local banking institution.

First to third floors: open-plan office spaces, kitchens, server rooms, storage rooms, and toilets. Each floor provides an enclosed area of approximately 376 sq.m. The first floor also benefits from an uncovered veranda of around 124 sq.m. These floors are vacant.

Fourth floor: similar layout with larger internal space of approximately 541 sq.m. Vacant.

Fifth floor: reception area, conference rooms, file room, toilets, and offices, with an enclosed area of approximately 301 sq.m. It includes both uncovered and covered verandas of about 70 sq.m. and 86 sq.m. respectively. Vacant.

Basement: 18 parking spaces for the entire building and a 183 sq.m. strong room utilized by the operating bank. An additional three parking spaces are available at ground level.


Building Information
The building was designed for functional business use and offers large, adaptable spaces with natural light and practical layouts. Its total enclosed area of 2,794 sq.m. provides flexibility for corporate offices, showrooms, or co-working environments. An elevator connects all floors, and the structure benefits from solid construction and high visibility from both adjoining streets.


Zoning Information
The property falls within dual planning zones: Κα4 (52%) with a building density of 120%, coverage of 50%, and permission for three floors (13.5m height), and Εβ2 (48%) with a building density of 180%, coverage of 50%, and permission for six floors (24m height). This combination offers significant development potential for future commercial expansion or mixed-use projects.


Why This Property Stands Out

- Prime corner position with high visibility and accessibility

- Partial tenancy to a major local bank providing rental income

- Total built area of approximately 2,794 sq.m. on a 1,552 sq.m. plot

- Flexible layout suitable for offices, retail, or redevelopment

- Located in a key commercial district with easy highway access

- Excellent investment opportunity in one of Limassol’s busiest business zones



For further information or to arrange a viewing, contact Lextrus Real Estate.