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Cyprus > Lemesos > Kato Polemidhia > Aloupi

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€1,350,000

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Business
For Sale
Aloupi, Kato Polemidhia
Cyprus

Building complex which consists of two detached mixed use buildings in Petrou & Pavlou area of Limassol. The property is ideally situated on one of the busiest streets of the area and it is located close to numerous services and amenities. Within the plot there two mixed use buildings a four storey building on the eastern part and a three storey building on the western part. The eastern four storey building consists of three shops on the ground floor and three flats on the upper 3 floors (one on each floor). The shops have a total/combined internal area of (approx.) 126sqm. and a mezzanine with a total/combined area of 96sqm while the flats which have similar characteristics have a total/combined internal area of (approx.) 429sqm. and a total combined covered veranda area of 69sqm. The western three storey building consists of four shops on the ground floor and four flats on the upper 2 floors (2 & 3 bedrooms). The shops have total/combined internal area of (approx.) 174sqm. and the total/combined mezzanine area of 147sqm while the flats have total/combined internal area of (approx.) 376sqm. and a total/combined covered veranda area of 80sqm. It is noted that the buildings are more than 45 years old and need repair & renovation. The property falls within the Residential Zone Ka4 (50%) having a building density coefficient of 120% and within the Commercial Zone Eb5 (50%) having a building density coefficient of 120%.The plot has a total land area of 948sqm and allows the construction of mixed use buildings with a total covered area of 1137sqm.

Building (sqm):1105
Plot (sqm):948
REF:B 126000

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