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For Investment Commercial building in Kapsalos, Limassol in Limassol, Kapsalos
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 1.540 sqm and land area of 918 sqm. It comprises of a basement (c. 240 sqm), ground floor with mezzanine (385 sqm and 170 sqm respectively), first floor of 370 sqm and second floor with 180 sqm 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.