Mixed-use incompleted building in a unique location in Zakaki quarter of Limassol Municipality. It is located at a distance of 550 meters (approx.) northeast of “My Mall of Limassol” and at a distance of 150 meters (approx.) southwest of Ayia Varvara Church. Furthermore, the property is just 1km northeast of the location where the new Limassol Casino Resort has been erected, which updated the whole area status.

The property is ideally situated on one of the busiest streets of the area and it is located close to numerous services and amenities. In the surrounding area there are an abundance of amenities and services, including restaurants, churches, schools and residential buildings.

The building abuts onto Frangklinou Rousvelt Avenue and it was built around the year 2009. The building is consists of basement with storage and covered parking spaces, ground floor shop with mezzanine and 5 flats on the two upper floors (the flats are incompleted). The access to the basement is through external ramp and internal staircase, and the access to the upper floors is through internal staircase.

The basement of the building has an area of approximately 635sqm, the shop on the ground floor has area of approximately 445sqm. with mezzanine of approximately 195sqm. The flats have total covered area of approximately 566sqm.

It is noted that the flats are incompleted at the stage that the structure and the walls have been completed.

The building has been erected on a two plot with total area of 1.077sq.m. and falls within the Residential Zone (Kα4) and within the Commercial Zone (Eβ5).

The shop on the ground level is rented for €1,000/month (long lease agreement).

The building is considered an ideal choice for investment.

Notes on the title deed: The transfer and/or mortgage of the property is prohibited.

Method of sale: Contract of Sale.