Property for Sale: Land (Commercial) in Platres (Pano), Limassol | Key Realtor Cyprus

Property for Sale: Land (Commercial) in Platres (Pano), Limassol  | Key Realtor Cyprus
For Sale €697,000 - Commercial
15824 0 Year Built

This property is located in the Pano Platres Community in Limassol District and consists of a BoC branch, a commercial unit in shell condition and unutilised land to the rear of the building.

The unutilised land has a steep gradient and abuts the main road connecting Limassol with Platres on its east border (45m road frontage). Ownership of the unutilised land: 4.250 sqm of 7.250 sqm (58.6%).

The shop used as a BoC branch has the following characteristics: 95 sqm floor area, mezzanine level 42 sqm and basement of 50 sqm with road frontage of 8m.

The unit in shell condition has a net floor area of 97 sqm, mezzanine level of 40 sqm and road frontage of 12m.
The two commercial units available for sale are part of a mixed-use building constructed with a parking area (basement), 24 shops and 5 flats. All other units (flats and shops) have been sold to third parties apart from the two shops available for sale.

The asset has acquired an updated planning permit for legalizing the project and is in the process of acquiring an updated building permit.

Platres is one of the most popular holiday Resorts of the Troodos Mountainous Area and is a popular destination not only for local tourist but also international tourists.

Additional Details

  • Plot Area: 4250 m2
  • Coverage Ratio: 50 %
  • Build Density: 30 %

Similar Properties