Description
A versatile residential building in Agia Fyla, Limassol, offering approximately 580 m² of covered area and a range of potential uses. The property is currently divided into three apartments. The ground floor features a 2-bedroom apartment with one bathroom and an open-plan kitchen and living area, as well as an additional space that can potentially be converted into two separate 2-bedroom apartments. The first floor comprises a spacious 4-bedroom apartment, including one en-suite bedroom, three bathrooms, and an open-plan kitchen and living area. Both floors are equipped with electrical appliances and air conditioning in all rooms.
Adjacent to the building is a 546 m² plot included in the price, offering a building density of 90%, a coverage ratio of 50%, and the potential to construct up to three floors with a maximum height of 13.5 metres, subject to the relevant permits and planning regulations. The existing building can also potentially be reconfigured into a residential development comprising five apartments. Its flexible layout and additional development potential make it suitable for a variety of purposes, including residential use, a school, kindergarten, clinic or other professional facilities, subject to the necessary approvals. An attractive opportunity for investors seeking a property with multiple usage possibilities in Limassol.
