Renting Commercial Property in Limassol, Cyprus: A Complete Guide
Limassol is the financial and business capital of Cyprus, attracting multinational companies, startups, and entrepreneurs. With its modern infrastructure, international business-friendly environment, and strategic coastal location, it has become a prime destination for commercial real estate investments.
Types of Commercial Properties Available for Rent
Businesses in Limassol can find various types of commercial properties, including:
- Office Spaces – Modern and fully-equipped offices for corporate headquarters, tech companies, and startups.
- Retail Stores – Prime locations for boutiques, supermarkets, and high-end fashion brands.
- Industrial Warehouses – Storage, logistics, and manufacturing facilities in industrial zones.
- Hospitality Venues – Restaurants, cafés, and bars in tourist-heavy areas like the Marina and Old Town.
Top Areas to Rent Commercial Property in Limassol
- City Center & Old Town – Ideal for office spaces, retail shops, and dining establishments.
- Seafront & Marina – Luxury commercial properties for high-end businesses and corporate offices.
- Business District (Makarios Avenue, Spyrou Kyprianou Avenue) – The heart of Limassol’s financial and corporate sector.
- Industrial Areas (Agios Sylas, Kato Polemidia, Ypsonas) – Perfect for logistics companies and factories.
Cost of Renting Commercial Property in Limassol
Rental prices depend on location, size, and property type:
- Offices: €15 – €40 per m²/month.
- Retail Stores: €25 – €60 per m²/month.
- Warehouses: €5 – €15 per m²/month.
Additional costs may include common area maintenance fees, utilities, and property taxes.
Legal Aspects to Consider Before Renting
- Lease Agreements – Usually long-term, ranging from 3 to 10 years.
- Security Deposit – Typically equivalent to 2-3 months’ rent.
- VAT & Taxes – Some commercial properties are subject to a 19% VAT.
- Business Licenses – Certain businesses require special permits before operating.
How to Find the Right Commercial Space in Limassol
- Real Estate Agencies – Professional agents can help navigate the rental market.
- Online Listings – Websites like Bazaraki, Cyprus Real Estate, and local property portals.
- Networking & Local Contacts – Many prime commercial spaces are rented through direct connections.
Final Thoughts
Limassol offers a thriving business environment https://anisad.com/rent/cyprus/limassol/commerce and a range of commercial rental options suitable for various industries. Whether you're opening an office, retail store, or warehouse, this city provides excellent opportunities for growth and success.
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