Excellent development opportunity Anexartisias street Limassol Cyprus

For Sale / EUR 1.900.000
357 70007700
pnicolaou@nicolaouestates.com

Property ID:
VL10822
Office Code:
NVL-14ANSO
Type:
Land / Plot
35
2
328
Area:
Town Center
District:
Limassol
Plot Size:
350 m2
Land Type:
Commercial
Tenure:
VAT not applicable
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DESCRIPTION

We have for sale a commercial property in the center of Limassol,the most famous retail street Anexartisias.It consisits of a retail outlet which is currently rented for an annual rent of €60000.This property has the huge benefit of a building factor of 240% ,and building cover of 70% ,so there is still 487m2 (approx) unused.


The location is only a few meters away from the Cyprus Technology University and the sea so student accommodation or  offices  are both very lucrative options as its only 200m from the sea .
Estimated  additional rental income  of approximately €76,000 bringing the total rental income to €136000 per year. 


plot-348m2


building density 240%


building cover 70%


13.10 m high over 4 floors

MAIN PROPERTY FEATURES
For Investment  
Near the Sea  
MAP
This land / plot in Town Center, Limassol is being offered for sale at EUR 1.900.000.
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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