Commercial property in Limassol, Cyprus

A rare opportunity to acquire a listed historic building of approximately 300 m2 on a 600 m2 plot in the heart of old Limassol (Katholiki), a privileged and fully developed city-centre location close to universities, hospitals and all amenities, beside an up-and-coming area of new apartment developments. The building requires full renovation. All permissions are already in hand - from both the EOA and the Conservation Department - for the property to be converted into office space; the premises previously operated as a restaurant and remain well suited to restaurant or cafe use. The plot benefits from a garden and parking. As a protected listed building it carries a building density of 140% (transferable), and its conservation status opens access to grants and incentives available for the restoration of listed properties. Key Features: - Listed / protected historic building, approximately 300 m2 - Plot of approximately 600 m2 with garden and parking - Full renovation required - Permissions in hand (EOA and Conservation Department) for conversion to offices - Previously a restaurant - suitable for restaurant or cafe use - Building density 140% (transferable) - Prime old-town city-centre location - Energy Efficiency Rating: Not available A unique restoration and investment opportunity in the historic core of Limassol.