Description

This asset is a residential building in Omonoias, Limassol. The asset is located s located at the junction of Katoli Kyriakou and Marinou Gabriel streets, in Omonia Parish, Limassol, approximately 120 meters east of Omonia Avenue. The asset falls into commercial zone Κα4, with building density of 120% and coverage of 50%, and max height 13.5 meters over 3 floors. The plot has a total area 335 sqm and the total covered area of the building is 472 sqm., according to the valuation dated 03/07/2018. As per valuation report dated 472, the building under consideration is approximately 25 years old and is made of good quality materials, with reinforced concrete frame, bricks and a flat roof. The building consists of a shop on the ground floor and 2 apartments on the 1st and 2nd floor respectively. The whole building was radically renovated about 11 years ago and a new elevator entrance was built. The immediate area of the asset comprises of residential developments.