Building in Omonoias, Limassol

Description

Commercial / Mixed-Use Building for Sale – Omonoias Avenue, Limassol. Located on Omonoias Avenue in the parish of Omonoia, Limassol, this is an older mixed-use building constructed in 1985, offering strong investment potential but requiring full renovation and modernization. The property sits on a 262 sq.m. plot within Planning Zone Eb4 (Commercial Zone) under the Limassol Local Plan, with: 140% Building Density 50% Coverage Up to 4 Floors Maximum Height 17m Primary Use: Commercial The building has a total covered area of approximately 435 sq.m. and currently includes: Ground Floor: Two commercial shops with mezzanines and WCs, plus a pilotis area and staircase access. Mezzanine Level: Additional rear mezzanine space converted into a one-bedroom unit. First Floor: One one-bedroom apartment at the front and two studio apartments at the rear. Second Floor: Incomplete apartment (construction works stopped at plastering stage). The building is in old condition and requires significant renovation. Ideal for investors or developers looking for a refurbishment or redevelopment project in a prime commercial location.
600 000 €
Property ID 111087
Conditiondition Condition 11+ years old
Year of build Year of build 1995
Plot area Plot area 262 m2
Covered area square Covered area 435 m2
Bathroom Bathroom 4
Title Deeds
Storage Room
Covered parking
1