£ 2,767,740 | USD $ 3,568,396
Advert last updated: 2/26/2020
Ideal Homes Cyprus Ltd
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Office in City Center, Limassol
The property is a 4-year old commercial building situated in a prime location in Limassol. It is adjacent to Gladstonos Avenue on its southern boundary, 700 meters west of Agios Nicolaos roundabout, and approx 400 meters east from the famous junction of Pentadromos. The property is next to the headquarters of COOP Limassol.
The asset consists of two underground parking areas offering 16 parking spaces, serviced by a car elevator, a ground floor with mezzanine and four upper floors. The 4th floor is owned by a third party.
The total area of the owned units is: basements 337 sqm each, ground floor 237 sqm, mezzanine 154 sqm, 1st -3rd floor 209 sqm each.
The third floor is currently rented.
The building has been constructed with high quality materials and it is in good condition.
The immediate area consists of mixed residential and commercial developments, with buildings consisting of shops/restaurants/showrooms on the ground floor and offices/apartments on the upper floors and houses.
The property falls within the Commercial Planning Zone ?ß3a, with maximum building density coefficient 160%, land coverage coefficient 50%, in 4 floors and 17 meters height