Description
Located on Agiou Andreou Street, one of the most prominent roads in the historic centre of Limassol and just a short distance from the seafront, this exceptional listed property presents a rare opportunity to restore and reposition a landmark building in a highly sought-after location. The property occupies a 465 m² plot and comprises a two-storey listed building with a total covered area of approximately 382 m². The ground floor offers 185 m² of internal space complemented by a 28 m² covered veranda, while the first floor provides 134 m² of covered area and a 35 m² covered veranda. As a protected historical building, the property benefits from government-supported renovation incentives and planning advantages. Situated within PA4 and PA7 planning zones, it offers flexibility for a variety of mixed-use concepts, including restaurant, residential, hospitality, office, retail, or other commercial applications. An additional development density allocation is available, providing significant future development potential and enhancing the long-term value of the asset. Combining heritage character, strategic location, planning flexibility, and development potential, this property represents an outstanding opportunity for investors, developers, and operators seeking a distinctive project in the heart of Limassol.
