2897m² Building for Sale in Potamos Germasogeias, Limassol District

Investment opportunity: Two renovated buildings for sale, located in the tourist area of Potamos Germasogeias, in Limassol.
The building consists of five floors with large courtyard, car parkings and other facilities at the back. The building consists of 30 apartments, 8 shops. Until relatively recently, functioned as a complex of organized tourist apartments. The building was constructed partially from 1980 until 1985. The building has received partial renovations and additions. In detail the areas of the building and the land are given below:
Ground floor: 8 shops of total area of 420sqm, side shops, utility rooms, snack bars, offices, living rooms, storage rooms, toilets, laundry room, lounge, hallways, etc. with a total living area of 465sqm.(Overall 885sqm)
1st Floor: 8 apartments with a total living area of 562sqm, covered verandas 63sqm.
2nd Floor: 8 apartments with a total living area of 562sqm, covered verandas 65sqm.
3rd Floor: 8 apartments with a total living area of 562sqm, covered verandas 65sqm.
4th Floor: 6 apartments with a total living area of 562sqm, covered verandas 62sqm.
For the purposes of calculating the coefficient of the total area of the building, which is approx. 2,897sqm without however excluding some areas mainly from the ground floor to be excluded from the calculation of the structure coefficient.
The building is located in the northern part of the field while the Central and southern part of the field contain the pool, parking spaces and other amenities and comforts of the building.
The asset falls within the Touristic Planning Zone Τ1α1(71%), with building density coefficient of 80%, coverage coefficient 25%, maximum 4 floors and a maximum height of 17m. And within the Commercial Planning Zone Εβ(29%).