€ 280,000

Old house with outbuildings or as a plot on a 391m2 plot extent with a high building factor in Limassol.

This is a property that is currently inhabited, however it needs renovation such as new flooring, toilets, painting internally and externally in some points (at least).

The house is a completely detached, with a separate title deed.

It consists of a large veranda in front of about 12m2 and a garden around the perimeter.

The house provides 2 bedrooms, a large kitchen separated from the living room, hallway, separate living room, bathroom and 1 additional toilet.
The separated living room area can easily be converted into a third bedroom but the kitchen can also be reduced and the hallway can be enlarged.

Behind the house there are outbuildings with 1 bedroom and 1 bathroom.

There is a water solar for hot water from the sun and partial installation of air conditioners.

Both properties can be rented out and the owner may have a total income of about E1200 - E1300 from the two properties, in case the property is sold for investment purposes before it is used for own use or as a plot.

The owner can also demolish the properties and arrange a construction of a small residential building of apartments, possibly 3 x one floor apartments or 4 x 2 bedrooms large apartments.

The property falls into the urban planning zone Ka6 with a building factor of 90% and a coverage factor of 50%, while the permitted height is 13.5m and the area allows the construction of 3 floors.

The access of the property to the roundabout of Ag. Fyla is approximately 6 minutes by car, about 2.5 kilometers, while in the area there are all kinds of services nearby such as a supermarket, small shops, bakeries, pharmacies, fruit markets etc. as well as public schools.
Access to Heritage International School is approximately 6.5 km away, and the approximate driving distance by car is 10 minutes.

There is no additional VAT charge for this property. (Note: it is possible that the Annex building were added years ago by a previous owner without the appropriate amendment to the building permit), therefore the number of bedrooms of the Annex are not added herein but it is only mentioned as a storage room).
The property is adjacent into a green area.