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Pay in USD and save up to $60,060Commercial Property with Development Potential on Faneromeni Avenue
? Key Features:
Prime location on Faneromeni Avenue
Commercial building already on the plot
2 rented shops, each 80m2 with a 40m2 mezzanine
Zoned ΕΒ4 for residential/commercial use
140% density allowance
Potential to build up to 4 floors
? Location: Faneromeni Avenue, [City/Area Name]
? Description:
This exceptional property offers a lucrative investment opportunity in one of the most sought-after areas, Faneromeni Avenue. Situated in a bustling residential/commercial zone, the property boasts a commercial building with two currently rented shops, each spanning 80m2, along with a 40m2 mezzanine in each shop.
The strategic location on Faneromeni Avenue ensures high visibility and foot traffic, making it ideal for various commercial ventures. Additionally, with a 140% density allowance, there is vast development potential for the property. Investors have the opportunity to maximize the plot's capacity by constructing up to 4 floors, capitalizing on the increasing demand for commercial and residential spaces in the area.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
Disclaimer - Property reference 1300499. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.
