Reserved Price: €30.000.000 / Thirty Million Euros
Tender submission deadline is on Tuesday 10th of December at 13:00 afternoon
Large scale property (of 10 properties [ Ссылка ]) in a central and popular location in Tsiflikoudia Quarter, in Limassol Municipality. The property is considered as a landmark for the area, ideally situated between the New Limassol Port and the Limassol Marina. Furthemore, the shopping mall "MYMALL" and the under construction "City of Dreams Mediterranean" casino-resort are a few minutes away. In general, it is situated in an area with high demand for properties due to its central location and great access to all areas of Limassol.
As a unified property, it has a rectangular shape and a level topography. In addition, as a single unit, the property benefits from a frontage of approximately 220 m directly onto the beach.
Within the property, there are listed buildings of a total covered area of 7,500 sqm (approx.) and buildings which do not bear any economic value. The total land area is 38,827 sqm of which 7,300 sqm fall within the Commercial Zone EB6 and approx. 31,527 sqm within the Industrial Zone Category B Ba4.
According to the proposed Master Plan of the area, the property falls within the Coastal Area where the suggested uses are Cultural, Tourism and Leisure. It is important to note that the aforementioned plan will upgrade the status of the area.
The under review redevelopment plan will organically link the city center with the Limassol Marina and west Limassol, via Aktaia Odos, with pedestrian ways, bicycle lines, a seaside park, while in the context of the overall development, many millions of projects have already been implemented or are under construction.
It is considered as an excellent investment opportunity.
Contact: Altamira Real Estate
Tel.: 8000 8200 or +357 22 696500
www.altamirarealestate.com.cy
Property Owners:
Cooperative Asset Management Company Limited
For Registration Numbers: 2/34028, 2/36046, 2/40800, 2/42121, 2/44424, 2/35765, 2/33968, 2/33682
Συνεργατική Ένωση Διάθεσης Χαρουπιών Λεμεσού Λτδ
For Registration Numbers: 2/39100, 2/33685
and/or any direct or indirect wholly owned subsidiary of the aforementioned companies
