Unique Plot With Building Permit

Limassol

€ 1,150,000

592 m2 Area
140% Build
50% Cover

Property Ref: #11618

Property Description

An outstanding opportunity to acquire a 592 m² commercial plot in the highly sought-after area of Agios Ioannis, ideally located on a main road with excellent visibility. The plot benefits from a building density of 140% and 50% coverage, offering significant development potential. A valid building permit for a commercial building is already in place, making this property ideal for investors or businesses looking to develop immediately. An existing old building is currently on the plot, which can be renovated or redeveloped according to the buyer’s vision, providing flexibility for a variety of commercial uses such as offices, retail space, medical center, or mixed-use development.

Property Features

Type

Commercial Plot

Status

Resale

Area

592 m2

Build

140%

Cover

50%

Even More Info

Accessibility Road

: Asphalt

Electricity

Registered Road

Street Level

: Same

Surface

: Flat Level

Title Deed

Water

Plans

Location

Agios Ioannis, Limassol

CURRENT ASKING PRICES PRICES IN AGIOS IOANNIS

AVERAGE PRICES TODAY

Flat Price
€ 361,714
Residential Plot Price
€ 1,013,333

% PROPERTY TYPES

30% Plots
70% Flats

% BEDROOMS

29% 1 Bed Flat
57% 2 Bed Flat
14% 3 Bed Flat

AVERAGE PRICES BY NUMBER OF BEDROOMS

1 Bed Flat
€ 256,000
2 Bed Flat
€ 381,250
3 Bed Flat
€ 495,000

PRICE RANGE

Flats:
€ 247,000 - € 495,000
Houses:
-
Residential Plots:
€ 690,000 - € 1,200,000