For Sale €1,587,000 Shop
The property is a commercial building situated in a prime area of Limassol by the junction of Archipishop Makarios III Avenue with Paphos Avenue. It is located approx. 1.2 km north-east of the Omonias – Franklin Rousvelt traffic lights by the Limassol Port.
The property consists of a ground floor (c.490 sqm) with mezzanine (c.240 sqm) and the building has been constructed with good quality materials.
The total land area of the property is 1.154 sqm.
Arch. Makariou Avenue has been established as one of the busiest streets in Limassol, where a mixed residential and commercial development can be observed, with buildings consisting of shops/restaurants/showrooms on the ground floor and offices/apartments on the upper floors. It constitutes the city centre and allows easy accessibility to the wider area of Limassol and the surrounding areas.
The property falls within the following two Planning Zones:
– Commercial zone Eb2 with a maximum building density coefficient of 180% and a land coverage coefficient of 50% over 6 floors and 24 meters height.
– Residential zone Ka4 with a maximum building density coefficient of 120% and a land coverage coefficient of 50% over 3 floors and 13.50 meters height.
MORE INFO / CONTACTS
Telephone:+357 25 871 552