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The property is conveniently located on the busy Franklinou Rousvelt Avenue, in close proximity to the new Casino Resort, the New Port and Limassol's Mall. Franklinou Rousvelt has been established as one of the busiest streets of Limassol, where a mixed residential and commercial development can be observed, with buildings consisting mainly of shops, showrooms and offices. It allows easy accessibility to the Limassol's Cilty Center and the surrounding areas.
The property is a corner plot and falls within the commercial planning zone EB5 with the following development characteristics:
•120% Building Density Coefficient
•50% Building Coverage Coefficient
•3 Floors
•13,5m height
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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