£630,048 GBP | $792,163 USD
Type: Land-Plot
Land area: 525 m2
Agent/Owner:
Blue Sky Properties
Sotiris Achilleos
Location: Cyprus
Speaks: English, French, Italian, Russian
Display Phone No.
Advert last updated: 1/2/2025
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Prime Limassol Commercial Plot with Building for Sale: High ROI Investment Opportunity in Kato Polemidia
This 525 sq.m. plot for sale in Kato Polemidia offers exceptional potential for investors looking for Limassol property investment with strong ROI. Strategically located on a main road with high visibility and easy access to the highway, this property is ideal for commercial development in Limassol. The plot is situated in a growing area with nearby local amenities, making it perfect for businesses looking to tap into Limassol’s expanding market.
The land falls under the Eb commercial zone, allowing for flexible project types based on approved plans and licensing. Whether you’re considering a buy-to-let investment in Limassol or a large-scale commercial project, this plot offers the opportunity for both immediate rental income and long-term capital appreciation.
Current Property Features:
The plot includes a 330 sq.m. building constructed in 1982, comprising two shops and two apartments. These units currently generate consistent rental income, making it an excellent buy-to-let opportunity in Limassol for investors seeking a balance of short-term gains and long-term development. The area’s commercial appeal continues to grow, making this investment even more attractive.
Benefits of Kato Polemidia, Limassol:
Kato Polemidia is a rapidly developing area with excellent infrastructure, proximity to the highway, and easy access to Limassol’s city center. Its commercial viability, combined with ongoing development projects, makes it a hotspot for Limassol land investment. The location is ideal for businesses, with a strong potential for capital growth and return on investment (ROI).
FAQ:
What type of developments are allowed on the plot? The plot is located in the Eb commercial zone, providing flexibility for various types of commercial projects, including retail shops, offices, or mixed-use developments. All plans must be submitted and approved based on local licensing regulations.
Is the existing building generating rental income? Yes, the current 330 sq.m. building comprises two shops and two apartments, all of which are rented, providing immediate rental income to investors.
What makes Kato Polemidia a good location for investment? Kato Polemidia is a growing area with excellent commercial potential due to its high visibility, easy highway access, and proximity to key amenities. The area is rapidly developing, making it an attractive choice for both commercial and buy-to-let investments in Limassol.
What is the future development potential of the plot? With the plot located in a thriving commercial area and the flexibility of the Eb zone, there is significant potential for future commercial development. This includes office spaces, retail outlets, or even a mixed-use project, offering long-term returns for investors.
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Easy access to main roads
Easy access to highway
Prime land
Near bus route
Near amenities