Residential land 350 m²
- Density: 180
- Coverage: 50
- Land type: Plot
- Plot area: 350 m²
- Plot Type: Residential
- Planning zone: commercial (Eb2)
- Square meter price: €1.986 /m²
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Prime Commercial Plot FOR SALE in Arch.Makarios III Avenue
An exceptional opportunity to acquire a high-profile commercial plot on one of Limassol’s busiest and most prestigious avenues. Makarios III Avenue is a principal commercial artery in Limassol, known for its strategic location and dynamic business environment. It serves as a major hub for retail, professional offices, financial institutions, and a variety of service providers. The avenue is lined with modern office buildings, upscale retail outlets, banks, and corporate headquarters, contributing to its reputation as one of Limassol’s premier business arteries.
The avenue is strategically located near the historic city centre, the motorway, Limassol Port, and main commercial avenues.
The plot comprises a single-storey building with a basement, which is currently leased, making it an income-producing asset. This allows the prospective buyer to benefit from ongoing rental income while pursuing planning and permitting procedures for future development.
Importantly, according to the existing tenancy agreements, all tenants have formally agreed to vacate the premises upon request, ensuring flexibility and unobstructed redevelopment potential.
📍 Plot Features:
- Plot Size: 350 sqm
- Planning Zone: Commercial (Eβ2)
- Building Density: [180%]
- Plot Coverage: [50%]
- Max Height: 24 meters
- Max number of floors: 6 floors
- Street frontage – 18.50 meters
✅ Advantages:
-NO VAT applicable
-Prime location
-High visibility
-Ease of access to the city centre, motorway, Limassol Port and main commercial streets
-Ideal for the development of a commercial building
-Strong demand for properties in the area
The plot offers excellent visibility, excellent accessibility and vehicle traffic, and immediate access to key business, retail, and residential areas.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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