Commercial property 600 m² in Limassol, Cyprus

Exceptional investment and owner-occupier opportunity in one of the city's most sought-after commercial locations. This prominent corner property enjoys excellent visibility and exposure on Makarios Avenue, benefiting from high traffic volumes and a prestigious business address. The existing building comprises two levels, featuring a spacious showroom at ground-floor level and office premises on the upper floor, making it ideal for a wide range of commercial uses. The property is well maintained and in good condition, allowing for immediate occupation or rental income generation. A key advantage is its significant development potential. Situated within a high-density commercial zone with a building density of 180% and a coverage coefficient of 50%, the plot permits development of up to six floors with a maximum building height of 24 metres. This offers the opportunity to substantially expand the existing structure or undertake a comprehensive redevelopment project to maximize returns. Additional features include rear parking facilities, a highly visible corner position, excellent accessibility, and a clean title deed ensuring a smooth transaction process. Property Highlights: Prime corner location on Makarios Avenue Existing two-storey commercial building Ground-floor showroom First-floor office accommodation High-profile frontage and outstanding visibility Building density: 180% Coverage coefficient: 50% Development potential for up to six floors (24m height) Rear parking area Building in good condition Clean title deed Ideal for investors, developers, corporate headquarters, showrooms, or mixed commercial use A rare opportunity to acquire a landmark commercial property with immediate usability and substantial future development potential in a prime business district.