The property is a prime location commercial plot in Aglantzia. It is located on Larnakos Avenue, within walking distance from the junction of Larnakos and Aglantzias Avenues. They are considered the main commercial streets of the area with huge commercial activity. The plot has an area of 718sqm and a frontage of 20m. It is suitable for the development of shops, offices or a combination of both.
Within the plot, there are two separate residences built in 1955 with a total area of 241sqm. Its excellent location provides easy access to the city centre and the highway. The field is surrounded by commercial developments, offices, blocks of apartments and all amenities.
The property offers the potential to be developed into a residential building with pilotis, consisting of four floors, each with a total area of 251sqm plus 26sqm of communal areas. The building will include both one-bedroom and two-bedroom apartments. The roof will comprise service areas and additional spaces, intended for multipurpose use, with exclusive use rights granted to the two-bedroom apartments, with a total area of approx. 98sqm.
