Corner plot in limassol city center

Limassol district, Limassol — Petrou Kai Pavlou
Posted: 09.01.2019 23:36 Ad ID: 2127380
  • Plot area 521 sq m

A unique opportunity to acquire a corner plot in Limassol city center, 50 meters north of Makarios Avenue , in a highly sought after area by professionals for accommodation. Given the size of the land and the density , a developer could erect a 3 story apartment block 625 sq meters internal areas plus 125 sq meters covered balconies.

A proposed configuration is 8 two bedroom apartments , which fully furnished could rent at €1200 per month, giving a potential income of 86,000 euros per year.

In the plot at the moment there is an old house, approximately 40 years old

Bulding Zone is Ka4

Building Density 120%

Cover Ratio: 50%

3 Floors

Title deed available on request.

Please mention Property ID:VL10035


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Posting since feb, 2017 Other ads from this seller

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Agent license no.: 365/E

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Posting since feb, 2017

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