The property is located right in the heart of the city, surrounded by major landmarks, offices, and entertainment, a location that naturally supports short-term or long-term rental demand.

This property currently consists of two ground-floor shops with a total area of 127sqm.

It sits in a planning zone that allows continuous building (attached development) with:

160% building density

70% coverage

Up to 3 floors

Maximum height of 13.5 meters

This allows a total buildable area of approximately 203sqm, giving the potential to redevelop the property into multiple studios or compact apartments, ideal for city rentals or short-term accommodation.

What makes this opportunity particularly interesting is the prime central location.

The property is situated just behind Alinea Suites, with major nearby landmarks including:

KPMG offices

Dionysus Mansion

Rio Cinemas

Pentadromos area

This is a high-demand urban location where compact residential units perform very well for both professionals and visitors.

For investors looking for a city-centre redevelopment project in Limassol, this property offers location, planning potential, and flexibility.