€1,200,000
Commercial plot with an existing old building in Agios Ioannis area, Limassol (17276)
Limassol, Agios Ioannis
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Overview
Reference 17276
Title Deed: Yes
Plot:592m²
Price: €1.200.000

A commercial plot of land with a total area of 592 m² located within the Eβ4 (100%) commercial planning zone, designated for commercial and mixed-use development within the urban area.

Planning characteristics:

Building Density: 140%

Coverage: 50%

Maximum Floors: 4

Maximum Height: 17 m

The property has registered road access, normal shape and topography, and is situated at the same level as the road, offering excellent accessibility and visibility.

Existing Building on the Plot

The land includes an existing building constructed in 1980, built with a reinforced concrete structure and currently in good condition.

The building consists of six (6) ground-floor retail shops with mezzanines, all facing the road from one side.

Shop Characteristics:

All units are Category B commercial units, with independent entrances and mezzanine levels.

-Shop 1

Ground floor internal area: 44 m²
Mezzanine: 16 m²
Total: 60 m²

Shop 2
Ground floor internal area: 44 m²
Mezzanine: 16 m²
Total: 60 m²

Shop 3

Ground floor internal area: 44 m²
Mezzanine: 16 m²
Total: 60 m²

Shop 4

Ground floor internal area: 35 m²
Mezzanine: 15 m²
Total: 50 m²

Shop 5

Ground floor internal area: 40 m²
Mezzanine: 15 m²
Total: 55 m²

Shop 6

Ground floor internal area: 50 m²
Mezzanine: 18 m²
Total: 68 m²

Total Internal Building Area:

Total ground floor retail area: 257 m²
Total mezzanine area: 96 m²
Total internal building area: 353 m²

Location – Agios Ioannis, Limassol

The property is located in the Agios Ioannis area of Limassol, a well-established and centrally positioned district that combines residential neighborhoods with active commercial activity. The area benefits from excellent connectivity to the city center, Limassol Marina, the Old Port, and major road networks, while also being close to shops, services, schools, and public facilities. Agios Ioannis is considered a strategically located area with strong investment potential, making it attractive for both commercial use and future redevelopment.

Additional Property Features

Direct access from a registered road
Normal shape and terrain
No known structural or legal issues
Parking space available
Suitable for investment, rental income, or redevelopment
Allowances
Zone Cover Factor Build Factor Max Height Max Floors
EB4 50% 140% 17 m 4
Features
  • Connected to electric mains
  • Easy access to highway
  • Easy access to main roads
  • Investment opportunity
  • Near amenities
  • Near bus route
  • Prime land
Currency
Agent
Stavroula Michail (+357) 99810880
Contact
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