Property 2958 Mansoura, Nicosia / LIM-PAF-32881

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.