Situated close to the main Makarios/Ayias Fylaxeos junction in the desirable Kapsalos area of Limassol, this generously sized property provides a unique Limassol town-centre location without the inherent noise, traffic and parking issues. The property is centrally located just five minutes from the town centre, the Limassol seafront and the main motorway to other major Cyprus towns. Both Cyprus international airports, Larnaca and Paphos, are less than 40 minutes away.
The property is suited for either office or residential use. It is located on the third floor of a four-story building and provides a generous 116 square meters (1,250 square feet) of covered/partially covered area. Only the west-facing balcony to the rear of the property is partially covered, but this could be easily enclosed should the buyer wish to do so.
The property was completed in 1989, so the purchase is not subject to VAT.
The building is situated on the apex of two diagonal roads, adjacent to one of the primary avenues into Limassol town centre. A tree-lined park separates the property from the main road and the building is surrounded by wide pavements. This creates a very spacious feeling, which is not normally found in the heart of Limassol. The curved front and tapered sides resemble a cruise ship and give the building a distinct 'Mediterranean-meets-art-deco' appearance.
The building comprises of both residential and business owners. Business owners include a doctor, a dentist, an architect, a surveyor and a renowned Cyprus property developer, who was actually responsible for this building.
Two rooms have been combined at the rear of the property to provide a large primary/manager's office with separate desk and lounge/seating areas. This could be easily restored to two separate rooms should the buyer wish to convert to a residential three-bedroom apartment or flat.
There is a second office (or third bedroom), a generous reception or lounge area, a large kitchen and a bathroom/WC. The primary bathroom has been converted to a storage/filing room, although all plumbing connections have been retained and mapped should the buyer wish to revert to a bathroom.
The kitchen includes essential cupboards and drawers, a stainless steel sink with mixer and an under-counter refrigerator. An additional mains water connection is also provided (for built-in water coolers, etc.). Everything is installed at one end of the kitchen only, leaving the major part of the room free for other use. The high-quality kitchen units are modular and readily available, so further cupboards/units can be easily added if required.
Two sides of the property include balconies, providing lovely Cyprus views across Limassol town to the sea in the south and to the Troodos mountain range in the north.
Floors are German beech laminate throughout, graded for commercial use and fitted with high-quality noise-damping underlay. Skirting is genuine wood, not PVC-coated compressed board, and all joints have been sealed to wet-room standards to ensure long-term durability.
Switches, sockets and door hardware are all high-quality stainless steel fittings and the entrance door includes a 4-bar deadbolt security locking system.
There are integrated computer LAN connections throughout and two telephone lines are currently wired, although there is provision for up to four. The electricity supply has also been upgraded to provide greater amperage over standard residential levels.
Please see the image gallery for photos and layout plans. Alternatively, contact us for further information.
The price has been reduced from €249,000 to €229,000 (approximately GBP194,000 / USD295,000). We are also interested in a property exchange for residential property in the Limassol area.
Viewing is by appointment only. For further information please contact us.