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Mixed use building, neapolis, limassol

Limassol, Limassol - Neapolis
Posted: Today 15:16 Ad ID: 6508410
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  • Reference number: 3247
  • Area: 293 m²
  • Type: Mixed use
  • Condition: Resale
  • Plot area: 617 m²
  • Online viewing: Νο
  • Construction year: Older
  • Energy Efficiency: B
  • Square meter price: €4.437 /m²
Location: Limassol — Limassol - Neapolis
Approximate location
Approximate location
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We present this prime mixed-use building, ideally located in the vibrant Neapolis area of Limassol. Situated on a busy commercial street, the property offers excellent visibility and accessibility, surrounded by banks, shops, restaurants, and schools.

According to local town planning regulations, the property falls within the Εβ3 commercial zone, with a building density of 160% and coverage of 50%, allowing for the development of up to a five-floor building with a maximum height of 20.5 metres.

Currently, the property comprises two floors. The ground floor features two shops, each with its own toilet and covered veranda.

The first floor consists of a 3-bedroom residence comprising a spacious living room, dining area, kitchen, three bedrooms, a family bathroom, a guest W/C, and a covered veranda.

Importantly, the property is offered with tenants in place, providing immediate rental income. One shop is currently rented for €2,000 per month, while the residence is rented for €1,550 per month and used as an office.

With strong redevelopment potential and excellent rental returns, this building represents an outstanding investment opportunity for developers and investors alike.

Building Specifications:

- Ground Floor Shops: 158m2

- Covered Verandas: 18m2

-First Floor Residence:

- Covered Area: 135m2

- Covered Veranda: 12m2

- Uncovered Veranda: 3m2

- Plot Area: 617m2

Contact us today for detailed information.

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  • Legal inspection:
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