An exceptional opportunity to acquire a prime commercial plot in the highly sought-after Omonia area of Limassol — one of the city’s busiest and most strategically positioned business districts.
Key Planning Characteristics:
Building Density (Build Factor): 140%
Coverage: 50%
Maximum Height: 4 Floors
The plot currently includes an existing three-floor commercial building, offering immediate usability or redevelopment potential. Whether you choose to renovate, expand, or redevelop, the generous building coefficient allows for substantial commercial exploitation.
Location Advantages:
Omonia is a vibrant and well-established commercial hub, known for:
High daily traffic and strong business visibility
Excellent connectivity to the highway network
Easy access to Limassol’s main arterial roads
Close proximity to the port, city center, and key business districts
This central positioning makes the property ideal for:
Office headquarters
Mixed-use commercial development
Showrooms or retail spaces
Investment redevelopment projects
With its strategic location, strong development potential, and existing structure, this plot represents a rare investment opportunity in one of Limassol’s most dynamic commercial zones.
1. What does the 140% build factor mean?
A 140% building density allows a total buildable covered area equal to 1.4 times the plot size. For example, on a 1,000m² plot, up to 1,400m² of covered areas can be developed across all floors.
2. What does 50% coverage allow?
The 50% coverage permits construction covering up to half of the plot’s ground surface. The remaining area can be used for parking, access roads, landscaping, or open spaces.
3. Can the existing 3-floor building be extended?
Subject to planning approval, the property may allow further development up to the permitted 4 floors and within the maximum build density.
4. Is the plot suitable for mixed-use development?
Yes. The commercial zoning and strategic location make it suitable for offices, retail spaces, showrooms, or a mixed-use commercial project (subject to permits).
5. How accessible is the location?
The Omonia area offers direct and quick access to the highway, Limassol Port, and the main commercial roads of Limassol, ensuring excellent connectivity for businesses and clients.
6. Is this a good investment opportunity?
Given the high-demand commercial location, strong development coefficients, and existing structure, the plot presents excellent long-term capital appreciation and rental yield potential.
There is a 3 floor existing building on the plot.
vat maybe applicable.
For further details or to arrange a viewing, please get in touch.
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