Two-storey Commercial Building for Sale in Makariou Avenue, Limassol

  • €1,300,000
Limassol, Makariou Avenue, 125, Leoforos Archiepiskopou Makariou III, Apostolon Petrou kai Pavlou, Limassol, Limassol Municipality, Limassol District, 3085, Cyprus
Buy

Two-storey Commercial Building for Sale in Makariou Avenue, Limassol

Limassol, Makariou Avenue, 125, Leoforos Archiepiskopou Makariou III, Apostolon Petrou kai Pavlou, Limassol, Limassol Municipality, Limassol District, 3085, Cyprus
  • €1,300,000

Overview

Property ID: 37639
  • Building, Commercial
  • Property Type
  • 455
  • 658
  • Lot
  • Deeds Available
  • Title Deeds
  • 37639
  • Property ID

Description

Land area: 658 m2
Covered area: 455 m2

Air-condition

Planning zone: Εβ2
Building Coefficient: 180%
Coverage Coefficient: 50%
Maximum Floors Allowed: 6
Maximum Building Height (m): 24

Two-storey building in an excellent location in Apostolos Petrou & Pavlou Quarter in Limassol Municipality. It is located on Archbishop Makariou III at a distance of 600 meters (approx.) southwest of Laniteio School.

The property is situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition, it enjoys excellent access to the Municipality center and the motorway.

The building comprises of two shops and an office on the ground floor and an apartment on the 1st floor. The area of the ground floor is 290 sqm (approx.) and the 1st floor 165 sqm (approx.). The building is rented for €4510/month and a yield 3.9%.

The property falls within commercial zone Εβ2 which allows the construction of a six-storey commercial or mixed-use building.

The property is subject to a road widening of an area of 125 sqm (approx.).

The property is rented.



a-33964

Details

Updated on March 16, 2023 at 9:44 am
  • Property ID: 37639
  • Price: €1,300,000
  • Property Size: 455
  • Land Area: 658
  • Property Type: Building, Commercial
  • Property Status: Buy
  • Title Deeds: Deeds Available
  • Address 34.68553924560547, 33.032745361328125
  • City Limassol
  • Area Makariou Avenue
  • Country Cyprus

Mortgage Calculator

Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance
  • PMI
%

Features

Schedule a Tour

Your information

Similar Listings

Compare listings

Compare
NGM Real Estate Ltd.
  • NGM Real Estate Ltd.