Building for sale in Limassol Municipality, Limassol

The asset is a three-storey commercial building located in Agia Fyla, in Limassol. It is adjacent to the intersection of Ayias Fylaxeos Avenue and Ierou Lochou Street in close vicinity to Ayias Fylas Roundabout. The building is currently used as a showroom and offices with total built area of 1,736sqm and land area of 918sqm. It comprises of a basement (c. 556sqm), ground floor with mezzanine (c. 376sqm and c. 224sqm respectively), first floor of c. 352sqm and second floor with c. 228sqm of covered space. The immediate area consists mainly of commercial properties housing showrooms/ shops on the ground floor and offices on the upper floors. The wider area is well developed and consists of mostly residential developments with parking spaces on the ground floor and flats on the upper floors. The asset falls within the Commercial/Residential Planning Zone Eβ5/Kα5, with building density coefficient of 120%/100 %, coverage coefficient 50%/ 50% in 3 floors and 13.50 metres height. THE FIRST AND SECOND FLOORS ARE CURRENTLY LEASED Owner: Bascone Properties Ltd Reg. No. : 0/71522 EPC: Pending Energy Certificate All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.