Unique House For Sale In The Heart Of Limassol, Cyprus(2 Bedrooms) 140m²

Unique House for Sale in the heart of Limassol, Cyprus(2 Bedrooms) Located in the Center of Limassol, Cyprus, this captivating property presents a rare opportunity for those seeking to invest in a versatile building with outstanding development potential. The property boasts dual access offering convenience and privacy. The land area measures 225 sq.m., with a well-constructed building of 140 sq.m. The property is built on a solid foundation, with stone construction up to 60 cm and brick walls, ensuring durability and quality. An exceptional feature of this property is its building coefficient of 240%, exceeding the typical 180% limit as outlined in the official Urban Planning documentation. This offers considerable room for expansion, with the potential to construct an additional 400 sq.m. (subject to planning approval), making it an excellent choice for residential or commercial development. The building Including 2 bedrooms and 1 bathroom and a garden also features a traditional wooden roof with tile coverings, adding a charming touch to the structure. Furthermore, there is a spacious 60 sq.m. basement, providing ample storage space or the possibility of further development, depending on your needs. The building, which has stood the test of time for over 100 years, offers unique advantages for rebuilding or renovation. The structure’s historical character provides opportunities for restoration, while its strong foundation and existing layout allow for significant upgrades, making it ideal for those looking to preserve its charm or redevelop to meet modern needs. Offered at a competitive price of €515,000, this property provides exceptional value for those seeking a unique space with both historical character and modern potential. Whether you are an investor looking to develop or a buyer in search of a property with endless possibilities, this building offers the perfect foundation for your vision. For more details or to schedule a viewing, contact us.