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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
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.
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