Corner plot for sale in Limassol City Center

Sold / EUR 580.000
357 70007700
cnicolaou@nicolaouestates.com

Property ID:
VL10035
Office Code:
NVL-1PANI
Type:
Land / Plot
35
7
353
Area:
Petrou & Pavlou
District:
Limassol
Plot Size:
521 m2
Land Type:
Residential
Energy Rating:
C
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DESCRIPTION

A unique opportunity to acquire a corner plot in Limassol city center, 50 meters north of Makarios Avenue. The plot is in a highly sought after area by professionals for accommodation. Given the size of the land and the density , a developer could erect a 3 story apartment block 625 sq meters internal areas plus 125 sq meters covered balconies. 

A proposed configuration is eight of two bedroom apartments. If they are fully furnished could be rent for €1200 per month, giving a potential income of 86,000 euros per year.

In the plot at the moment there is an old house, approximately 40 years old.

-Bulding Zone is Ka4


-Building Density 120% 

-Cover Ratio: 50% 

-Floors: 3


Title deed available on request.

MAIN PROPERTY FEATURES
MAP
This land / plot in Petrou & Pavlou, Limassol is being offered sold at EUR 580.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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