Mixed Use Building with Development Potential in Neapoli Limassol
Neapolis, Limassol
€1,300,000
31141
Overview
- Toilets 2
- Floors 2
- Parking spaces 2
- Year of construction 1979
- Energy efficiency rating exempt
- Status Resale
- Title deed Yes
- Furnished Unfurnished
- Orientation North
- Covered 293 m²
- Covered veranda 33 m²
- Plot 617 m²
Located in the sought after area of Neapoli within Limassol, this mixed use two storey building presents an excellent opportunity for investors, developers, or owner occupiers seeking a centrally positioned property close to all everyday amenities and services. The property provides a convenient access to shops, banks, supermarkets, schools, offices, and the wider city center.
Constructed around 1979, the building consists of two ground floor shops and a spacious upper floor residence currently used as office space. Each shop comprises an open plan retail area, toilet facilities, and covered verandas. The upper floor includes a hall, living room, dining area, kitchen, guest toilet, bathroom, and three bedrooms, together with covered verandas.
The total covered area is approximately 293 sq.m. with an additional 33 sq.m. of covered verandas, all set on a generous 617 sq.m. plot. The property falls within the commercial planning zone Eβ3 with a building density coefficient of 160 percent, offering significant future development potential.
The property benefits from existing rental income, as one shop and the upper floor office are currently rented, while the second shop is vacant and available for immediate use or lease. Separate title deed available.
For further information or to arrange a viewing, please contact Kazo Real Estate.
Facilities
- Parking, Uncovered
Features
- Easy access to main roads
- Main road
- Near amenities
- Near bus route
- Near public transport
Distances
- Amenities 200 m
- Airport 68 km
- Sea 2 km
- Public transport 800 m
- Schools 1.2 km
- Resort 4 km
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