185m² Building for Sale in Limassol – Agios Athanasios

Reference ID: #SA35470Price details: €1,300,000 +VATCommercial Property for sale in Limassol situated on the prominent Kolonakou Street.The property includes a ground-floor retail space, a basement and a separate residence located at the rear of the plot. Architectural plans are already in place for a modern developement comprising three residential apartments, a ground-floor retail space with a mezzanine level, and dedicated underground parking.1)The ground floor retail space is currently rented (€2,500K). The lease agreement states that in the event of sale, the tenant will vacate the premises if the new owner so wishes.2) There is a building permit for the construction of the apartment building, but it expired in 2023Plot area: 319 sq.m Zoning Details:Zone Ka7 (4%): Building Density 80% and Building Coverage 45%Zone Eb6 (96%): Building Density 100% and Building Coverage 50%Max. Height: 13.5mIt may be subject to VAT