With its strategic location, strong economy, and business-friendly environment, it has become a prime choice for companies looking to establish or expand their presence.
Types of Commercial Properties Available
Depending on your business needs, Limassol offers various types of commercial properties, including:
- Office Spaces – Suitable for startups, IT companies, and financial firms.
- Retail Shops – Ideal for boutiques, supermarkets, and luxury brands.
- Industrial Warehouses – Perfect for logistics, storage, and manufacturing businesses.
- Restaurants Cafés – Great opportunities in high-traffic areas like the Marina and Old Town.
Key Locations for Renting Commercial Property in Limassol
- City Center – Ideal for corporate offices and retail businesses.
- Marina Seafront – Perfect for upscale restaurants, hotels, and luxury boutiques.
- Agios Athanasios Germasogeia – Popular for business parks and modern office buildings.
- Industrial Areas (Ypsonas, Kato Polemidia) – Best for warehouses and manufacturing units.
Average Rental Prices for Commercial Properties
The cost of renting commercial property in Limassol varies depending on location, size, and type:
- Office Spaces: €15 – €30 per square meter per month.
- Retail Shops: €20 – €50 per square meter per month.
- Industrial Warehouses: €5 – €15 per square meter per month.
Legal Aspects Lease Agreements
When renting commercial property in Cyprus, it's crucial to understand the legal aspects, including:
- Lease Duration – Typically ranges from 3 to 10 years.
- Deposit Requirements – Usually two to three months' rent.
- Maintenance Costs – Some agreements include additional charges for communal expenses.
- Tax VAT Considerations – A 19% VAT may apply to certain rentals.
How to Find the Best Commercial Rental in Limassol
- Real Estate Agencies – Work with local agents who specialize in commercial properties.
- Online Listings – Websites like Bazaraki, Cyprus Real Estate, and private listings offer a wide range of options.
- Networking Business Contacts – Many prime locations are available through referrals and direct connections.
Final Thoughts
Limassol is an excellent choice for businesses looking to rent commercial property https://anisad.com/rent/cyprus/limassol/commerce in Cyprus. With its thriving economy, diverse property options, and attractive investment climate, it remains a top destination for entrepreneurs and corporations alike.
