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We are pleased to present you these two independent houses, located in a very nice and quiet area in Limassol, close to the city center and all major amenities, such as supermarkets, schools, kiosks, restaurants, shops etc, below Spyrou Kyprianou Avenue with very easy access to the highway, Makariou and Nikou Pattichi Avenues.
The property sits on a plot of 341 sq.m, which falls into the building zone of Ka4, with a building coefficient of 120%, a coverage coefficient of 50%, 3 floors, and 13.5 meters high. At the moment the building has 222 sqm, therefore you are allowed to build another 187 sq.m
It consists of an independent ground-floor house, a ground-floor apartment, and an upper-level house, described as follows:
- The ground floor house has an internal area of 111 sqm, with a living/ dining area, kitchen, 3 bedrooms, and one bathroom. Outdoors has a private veranda at the front and a parking space.
It benefits from an outdoor space at the rear which has been converted to an apartment with an internal area of 65 sqm, with a living/dining area, kitchen, one bedroom, and one bathroom, with no outdoor space.
- The upper-level house has an internal area of 111 sqm, with a living/dining area house, kitchen, three bedrooms, one bathroom, and a guest W.C. It also benefits from a nice veranda.
It can either be used as a private residence or an investment with a yield return on your investment of more than 8%.
Don't miss this great opportunity.
Call us for a viewing.
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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