€1,190,000 $1,323,690
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Pay in USD and save up to $46,329Key features
- Listing ID: 1502879 (480031017_1022)
- Plot: 437 sqm
- City Center, Near Highway, Near Schools, Near Shops, On Busy Road, Parking, Certificate of Final Approval Issued
Description
Nestled in an exceptionally prime location at the heart of the city center, this two-story building of 469sqm total covered area, stands proudly along Mesa Yitonia's main road, creating a distinctive presence amidst the dynamic surroundings between Spyrou Kyprianou Avenue and Makarios Avenue. Its strategic placement ensures convenient access to both the highway and the bustling city center.
Occupying a generous 437 sqm plot, this property consists of two expansive commercial spaces of a total 247sqm on the ground floor, each offering a versatile canvas for a myriad of business endeavors. Ascend to the first floor from a separate entrance, and you'll discover a 4 bedroom penthouse spanning the entirety of the 222 sqm covered area, that offers endless possibilities for a unique commercial utilization.
Notably, the property benefits from the favorable building coefficient of 140% in the area. This allows for the potential expansion of an additional 225 square meters across four floors, unlocking exciting possibilities for future development or customization. This flexibility, combined with the property's strategic location and contemporary design, positions it as a unique and lucrative investment opportunity in the heart of the city.
Special Features:
- City centre, prime location
- Additional Building Coefficient
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Buying expenses
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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