For Sale €1,587,000 - Building
The property is a commercial building situated in a prime area of Limassol.
The property consists of a ground floor (c.490 sqm) with mezzanine (c.240 sqm). Approximately the half of the ground floor was used as a showroom and the remaining area as a warehouse.
The building has been constructed with good quality materials.
The total land area of the property is 1.154 sqm.
The area has been established as one of the busiest streets in Limassol, where a mixed residential and commercial development can be observed, with buildings consisting of shops/restaurants/showrooms on the ground floor and offices/apartments on the upper floors. It constitutes the city centre and allows easy accessibility to the wider area of Limassol and the surrounding areas.
The property falls within the following two Planning Zones:
– Commercial zone Εβ2 with a maximum building density coefficient of 180% and a land coverage coefficient of 50% over 6 floors and 24 meters height.
– Residential zone Κα4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13.50 meters height.
- Plot Area: 1154 m2
- Covered Area: 730 m2
- Parking Spaces: 2