Mixed-use Building - Limassol Municipality, Limassol

Mixed-use building in a lively and central location in Omonoia Quarter in Limassol Municipality. The property is located on Kyriakou Katoli and Filolaou Streets, approximately 65 meters west of Vasileos Pavlou avenue and approximately 200 meters east of Omonoias avenue. Mixed-use building in a lively and central location in Omonoia Quarter in Limassol Municipality. The property is located on Kyriakou Katoli and Filolaou Streets, approximately 65 meters west of Vasileos Pavlou avenue and approximately 200 meters east of Omonoias avenue. The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, shops, cafes etc. Furthermore, the property enjoys excellent access to the city centre and the motorway. The building was constructed in 3 phases around 1988, 1994, and 1991 and consists of two shops on the ground floor and two houses/apartments on the 1st floor. It should be noted that 1 house/apartment has been divided into two smaller apartments. The internal space of the ground-floor shops is 213 sqm. (approximately) and the total area of the mezzanine is 149 sqm. (approximately). The internal space of the 1st floor apartments is 251 sqm. (approximately) and the total area of the covered verandas is 29 sqm. (approximately). Noted that the two ground floor shops are rented and the 1st floor apartments are occupied. The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).