COMMERCIAL OFICE-BUILDING IN LIMASSOL

Location:

• Visibility: Excellent road frontage of about 35 meters, offering high visibility and easy access to major transport routes.

Building Description:

• Type: Vacant 3-storey commercial-office building.
• Total Enclosed Area:
  • Primary use: About 1,390 sq.m (includes main office spaces).
  • Secondary use: About 351 sq.m (including secondary-use areas, kitchens, and facilities).
  • Basement: 781 sq.m (parking for 19 vehicles + 4 additional spaces at the ground floor).
• Structure:
  • Ground Floor (526 sq.m): Reception area and open-plan office spaces.
  • Mezzanine (272 sq.m): Secondary-use open-plan space, kitchen, and sanitary facilities.
  • 1st Floor (561 sq.m): Open office area with partitions, utility room, kitchen, and sanitary area.
  • 2nd Floor (303 sq.m): Unified open office area.
  • 3rd Floor (79 sq.m): Storage room and sanitary facilities.
  • Basement (784 sq.m): Parking for 19 vehicles and additional parking on the ground floor.

Additional Features:

• Unutilized Building Density: About 310 sq.m of potential for future expansion or enhancements.
• Final Approval: The property has a Certificate of Final Approval.

Zoning Information:

• Dual Zone:
  • Zone Κα3 (42%): Building coefficient of 140%, coverage of 50%, permission for 4 floors (17m).
  • Zone Εβ3 (58%): Building coefficient of 160%, coverage of 50%, permission for 5 floors (20.5m).

Potential Uses:

• Ideal for business headquarters.
• Can be used as income-producing rental property.

Location Advantage:

• Proximity: 380m southeast of Archbishop Makarios III Avenue and 420m northwest of the Central Police Station.
• Access: Easy access to key routes, enhancing connectivity.