City center plot for sale with plans for eight modern apartments

For Sale / EUR 420.000 (VAT not included)
357 70007700
cnicolaou@nicolaouestates.com

Property ID:
VL10880
Office Code:
NVL-15ANSP
Type:
Land / Plot
35
2
333
Area:
Apostolos Andreas
District:
Limassol
Plot Size:
527 m2
Land Type:
Residential
Tenure:
VAT not included
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DESCRIPTION

Building co-efficient 120%

Cover co-efficient 50%

Maximum 3 floors and height 13.5m

Residential zone Ka4 zone

All licenses in place for  Modern building by a developer who pays attention to high quality aesthetics, build and materials.

Located very close to Makarios avenue in Apostolos Andreas area, walking distance to the new Papantoniou supermarket and all the amenities the city center has to offer.

The property consists of 2 x one bedroom flats and 6 x two bedroom flats. There are 3 floors in total. 

The 1st and 2nd floors are identical with 1 x one bedroom flat and 2 x 2 bedroom flats - 3 in total.


The 3rd floor has 2 x two bedroom flats which are the premium offering because one has 70m2 of verandas on the same floor and the other flat has a roof garden of 50m2 plus a covered veranda of 21m2 on the 3rd floor.

The potential annual income of this property is €81,600 and the gross annual rental yield is 4.7

MAIN PROPERTY FEATURES
This land / plot in Apostolos Andreas, Limassol is being offered for sale at EUR 420.000 (VAT not included).
To arrange an appointment to view this and any other property from our website, please call or email us directly.

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