Large property in a large plot of land for sale or exchange in Potamos Germasogias area of Limassol
For Sale / EUR 1.290.000
This is an excellent opportunity to acquire a large property which is generally in a good state of repair that comes with large gardens and a swimming pool which can be used in a variety of ways. Some ideas could be: A private school, a small hotel, A retirement home, a local hospital etc. It can even be bought for the purpose of using the land for new luxury apartments.
The Land details are as follows: 1.212sq.m of even surface, Residential Building Zone Ka5, Building density factor 100%, land cover factor 50%, 13,50m height over 3 floors (Valued by the Land Registry as of 1/1/2013 at €1,057,900)
The property is located in one of the most sought after areas of Limassol, in the area of Columbia/ Potamos Germasogias, just north of the Kolonakiou street offering easy and quick access to the highway, supermarkets, a meat-market, bakeries, banks, pharmacy, shops, restaurants and only 3 minutes drive to the beach.
As it stands the property consists of a self contained studio at the semi-basement (50sq.m), a 3 bedroom house on the ground floor (200sq.m) and thru a separate entrance another 3 bedroom house on the 1st floor (200sq.m). Reaching the grounds thru security gates we find a covered area for parking 4 cars, large gardens laid to lawn, the 5m X 10m swimming pool, outhouses for the pool machinery, the central heating outhouse, a B.B.Q area by the kitchen, more covered seating areas, the fresh water private well and various fruit trees, other trees and plants.
Main Key Features:
-Full Title Deeds (on the land)
-Fire place for both houses
-Central Heating and A/C units
-Large storage areas
*With some careful and well planned redecoration and the necessary amendments this property can be transformed dramatically