Property 56288 Limassol, Limassol / LIM-PAF-30521
Prime development land in Limassol's commercial hub.
Price
4,600,000
Estimated mortgage
15,840
/mo
Key facts
2,472 m²
Overview
Property Description
For Sale Prime development land in Limassol’s commercial hub near the historical centre. Zoned EB3 & KA3. Top Cyprus real estate opportunity for investors. Walking distance to all amenities.
– Plot Size: 2,472 m² commercial land, zoned EB3 (44%) and KA3 (56%)
– Building Density:
EB3: up to 160% density, 50% site coverage
KA3: up to 140% density, 50% site coverage
– Ideal for: large mixed-use commercial & residential development
This offering is prime Limassol real estate—a rare commercial property opportunity on a bustling commercial avenue in Limassol’s Katholiki district. It offers excellent visibility, development flexibility, and proximity to Limassol’s historical centre, cultural landmarks, and retail corridors.
Located within walking distance to Limassol’s Historical Centre, the plot delivers top-tier development appeal.
Zoning Breakdown:
EB3 zone (44%): 160% density (≈ 3,955 m² buildable), 50% coverage
KA3 zone (56%): 140% density (≈ 3,432 m² buildable), 50% coverage
Projected development:
Zoning Coverage Density Max Buildable Area
EB3 (44%) 50% 160% ~1,955 m²
KA3 (56%) 50% 140% ~1,732 m²
Total ~3,687 m²
Flexible design options:
Mixed-use towers
Ground-floor retail and offices
Upper-floor apartments or serviced units
Benefits of Investing in Central Limassol
Walkability & Convenience
Just steps from Limassol’s best promenades, cafés, retail stores, and historic sites for limassol walking distance amenities, limassol rental income properties, and seafront property limassol.
Economic Drivers
Limassol stands as Cyprus’s commercial capital: a booming financial hub, vibrant expat community, and Mediterranean tourism hotspot. Search terms like invest in Cyprus property, commercial property Cyprus, and real estate investment Cyprus thrive here.
Regulatory Advantages
EB3/KA3 zoning allows mixed-use developments with commercial flexibility.
Landlord & Tenant Attraction
Located near highways, public transport, and the sea—appealing for office tenants, retail operators, or hospitality developers.
FAQ – PRIME COMMERCIAL LAND IN CENTRAL LIMASSOL
Q1. Where is the land located?
The plot is in Katholiki, a key Limassol commercial district—on a busy commercial avenue within walking distance of the historical centre. It’s within 5 minutes of Limassol Castle, Marina, and main pedestrian zones.
Q2. What’s the zoning and density?
Zoned EB3 (44%) with 160% build density and KA3 (56%) with 140% density. Coverage is allowed up to 50%—permitting approximately 3,687 m² total buildable space.
Q3. What building height & floors are allowed?
Initial development allows up to 5 floors (~20.5 m height), with potential for higher with special municipal approval.
Q4. Can I mix commercial & residential?
Yes. EB3 (commercial-heavy) and KA3 (residential/mixed) zoning supports ground-floor retail/office + upper-storey residences or serviced apartments.
Q5. Is parking included?
Parking must be built onsite. As coverage is 50%, you can allocate basement/underground parking to comply with municipal requirements.
Q6. What’s the asking price?
€4.6 million (≈ €1,861/m²). Marketed aggressively given its central location and zoning advantages. Other similar EB3/KA3 plots have transacted for higher prices in Katholiki.
Q7. Is VAT applicable?
VAT may apply. Ask us for the current rate (typically 19% in Cyprus for commercial land).
Q8. Who handles technical and legal due diligence?
We collaborate with SQUARE ARCHITECTS, HomeSurv, and CTA Law Firm to provide comprehensive inspection and title verification
.
FAQ – LIMASSOL HISTORICAL CENTRE & ITS BENEFITS
Q1. What is Limassol’s historical centre?
This district includes the Old Town, Limassol Castle, medieval walls, and pedestrian plazas—rich in culture, nightlife, and daily commerce.
Q2. Why invest there?
High tourism and rental demand.
Premium foot traffic for commercial tenants .
Strong historical appeal enhances development prestige.
Q3. What amenities are nearby?
Limassol Marina & seafront cafés
Museums, restaurants, boutique retail
Municipality, banks, pub
– Plot Size: 2,472 m² commercial land, zoned EB3 (44%) and KA3 (56%)
– Building Density:
EB3: up to 160% density, 50% site coverage
KA3: up to 140% density, 50% site coverage
– Ideal for: large mixed-use commercial & residential development
This offering is prime Limassol real estate—a rare commercial property opportunity on a bustling commercial avenue in Limassol’s Katholiki district. It offers excellent visibility, development flexibility, and proximity to Limassol’s historical centre, cultural landmarks, and retail corridors.
Located within walking distance to Limassol’s Historical Centre, the plot delivers top-tier development appeal.
Zoning Breakdown:
EB3 zone (44%): 160% density (≈ 3,955 m² buildable), 50% coverage
KA3 zone (56%): 140% density (≈ 3,432 m² buildable), 50% coverage
Projected development:
Zoning Coverage Density Max Buildable Area
EB3 (44%) 50% 160% ~1,955 m²
KA3 (56%) 50% 140% ~1,732 m²
Total ~3,687 m²
Flexible design options:
Mixed-use towers
Ground-floor retail and offices
Upper-floor apartments or serviced units
Benefits of Investing in Central Limassol
Walkability & Convenience
Just steps from Limassol’s best promenades, cafés, retail stores, and historic sites for limassol walking distance amenities, limassol rental income properties, and seafront property limassol.
Economic Drivers
Limassol stands as Cyprus’s commercial capital: a booming financial hub, vibrant expat community, and Mediterranean tourism hotspot. Search terms like invest in Cyprus property, commercial property Cyprus, and real estate investment Cyprus thrive here.
Regulatory Advantages
EB3/KA3 zoning allows mixed-use developments with commercial flexibility.
Landlord & Tenant Attraction
Located near highways, public transport, and the sea—appealing for office tenants, retail operators, or hospitality developers.
FAQ – PRIME COMMERCIAL LAND IN CENTRAL LIMASSOL
Q1. Where is the land located?
The plot is in Katholiki, a key Limassol commercial district—on a busy commercial avenue within walking distance of the historical centre. It’s within 5 minutes of Limassol Castle, Marina, and main pedestrian zones.
Q2. What’s the zoning and density?
Zoned EB3 (44%) with 160% build density and KA3 (56%) with 140% density. Coverage is allowed up to 50%—permitting approximately 3,687 m² total buildable space.
Q3. What building height & floors are allowed?
Initial development allows up to 5 floors (~20.5 m height), with potential for higher with special municipal approval.
Q4. Can I mix commercial & residential?
Yes. EB3 (commercial-heavy) and KA3 (residential/mixed) zoning supports ground-floor retail/office + upper-storey residences or serviced apartments.
Q5. Is parking included?
Parking must be built onsite. As coverage is 50%, you can allocate basement/underground parking to comply with municipal requirements.
Q6. What’s the asking price?
€4.6 million (≈ €1,861/m²). Marketed aggressively given its central location and zoning advantages. Other similar EB3/KA3 plots have transacted for higher prices in Katholiki.
Q7. Is VAT applicable?
VAT may apply. Ask us for the current rate (typically 19% in Cyprus for commercial land).
Q8. Who handles technical and legal due diligence?
We collaborate with SQUARE ARCHITECTS, HomeSurv, and CTA Law Firm to provide comprehensive inspection and title verification
.
FAQ – LIMASSOL HISTORICAL CENTRE & ITS BENEFITS
Q1. What is Limassol’s historical centre?
This district includes the Old Town, Limassol Castle, medieval walls, and pedestrian plazas—rich in culture, nightlife, and daily commerce.
Q2. Why invest there?
High tourism and rental demand.
Premium foot traffic for commercial tenants .
Strong historical appeal enhances development prestige.
Q3. What amenities are nearby?
Limassol Marina & seafront cafés
Museums, restaurants, boutique retail
Municipality, banks, pub
Property Highlights
Property highlights will appear here when feature data is available.
Sustainability / Energy
Energy efficiency rating
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