Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Commercial building - Gerasa, Limassol

Limassol - Ref. PR33957View on map

Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
Commercial building-Gerasa-PR33957
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Commercial building - Gerasa, Limassol

Not subject to VAT


Indicative Price

The property for sale is a two-storey building with basement level in Gerasa Community in Limassol District. It is situated approximately 2,5 km northeast from the village center and approximate 40 meters north from the connection road Gerasa - Louvaras.

The immediate area of the property consists of scattered residential developments and several empty agricultural fields. The field has an irregular shape and abuts onto registered dirt road with total of frontage of 80 meters.

The building was constructed in around 1990 and is in a poor condition and maintenance. It has a large interior covered area of 1.125 sqm. Among others, it has two fireplaces on each floor, sanitary facilities on each floor, two staircases on each floor and five bedrooms all with ensuite shower and toilet on the 1st floor.

The property had acquired all the relevant permits and is an ideal investment that can be used as business or for private use as well.

Gray Standard deadline time (JPG)

Gray Standard deadline time (JPG)

The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. 

Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. 

The above price may be modified without any prior notice.

All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate.

District: Limassol

Municipality: Gerasa


  • Enclosed area: 1,125 m2
  • Land: 1,764 m2
  • 5 Bedrooms
  • 8 Bathrooms
  • Title deed: The property has a separate title deed

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
0/9918 48/41 0 212
  • Planning zone: Γ3
  • Building Coefficient: 10%
  • Coverage Coefficient: 10%
  • Maximum Floors Allowed: 2
  • Maximum Building Height (m): 8,30

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.


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