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THREE FLOOR BUILDING IN ONE OF THE MOST WANTED COMMERCIAL AREAS OF LIMASSOL ON MAKARIOU AVENUE {620 SQ.M } €1,300,000

Ref. No: 4522261

Description

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Three floors building in one of the most wanted commercial areas of Limassol on Makariou Aveneue within the Administrative Boundaries of Katholiki with a total covered area of about 620 square meters sitting on 564 square meters land.The subject real estate falls within Eβ2 commercial planning zone which at the time of listing allows for 1.80% of build density , 50% of build cover, 6 maximum number of floors up to 24 meters maximum building height.The building in detail consists of the following parts : Three shops on the ground floor which cover an 3 cover an area of 146 square meters plus 93 square meters mezzanine.On the 1st and 2nd floor there are two apartment per floor 92 square meters each and 368 square meters in its totality.All the shop on the ground floor has been rented for long term period at a very good price.
The potential buyer has the option either to renovate the hole building or taking the advantage of the high standards of the commercial planning zone to rebuilt a new construction up to six floors up to 24 meters maximum height.
Without a single shadow of doubt it consists a unique , rewarding and secure investment opportunity.
Please do not hesitate to contact us for any clarifications or on the spot viewing.

Property Details

More information

  • Property Type: Commercial Property
  • Price: €1,300,000
  • Property Size: 564sqm
  • Building Density:1.8 %
  • Coverage Density :50%
  • Height :24
  • Floors :6
  • Zone:Eb2
  • • Solar Water System
  • • A/C Unites
  • • Separate Kitchen
  • • Telephone Lines
  • • Storage Room
  • • Unfurnished
  • • Electrical Appliances
  • • Covered Verandas
  • • Title Deeds
  • • Guest Toilet
  • • Uncovered Parking
  • • City View
  • • Mountain View
  • • Electricity
  • • Road Access
  • • Telecommunications
  • • Water

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