Residential & Commercial Property 650m2 in Agia Fyla, Limassol
For Sale / EUR 1.900.000
+357 99403589
Presenting a versatile 650m2 residential and commercial building spanning two floors, nestled on a spacious 1,100m2 land plot. This multifaceted property, boasting both residential and commercial zoning, offers a myriad of opportunities for investors and entrepreneurs alike.
Formerly a renowned restaurant establishment, the ground floor of this expansive building retains its commercial potential with a valid permit for restaurant operations. A portion of this floor has been thoughtfully repurposed into a charming 2-bedroom apartment spanning approximately 100m2. This comfortable living space features an open-plan kitchen and living room, complemented by a shower and WC for added convenience.
The heart of the former restaurant, a vast open space encompassing approximately 150m2, presents endless possibilities for adaptation into various commercial ventures, such as offices, a nursery school, or a clinic. Additionally, six WC facilities, totaling 50-60m2, currently serve as a storage area, further enhancing the versatility of this floor.
Ascending to the first floor, a luxurious 4-bedroom apartment awaits, offering approximately 265m2 of refined living space, including expansive verandas. This elegantly appointed residence features a master bedroom with ensuite facilities, a well-appointed family bathroom, and a guest WC for utmost comfort and convenience. Distinct living areas, including a separate kitchen, dining room, and lounge with a fireplace, provide ample space for relaxation and entertainment. A dedicated storage room of approximately 5-6m2 ensures organizational efficiency.
Connecting the two floors is an internal staircase, allowing seamless access between the commercial and residential areas. Alternatively, each floor can be accessed independently, providing flexibility for occupants or tenants.
Outside, the parking area, currently utilized as a garden, offers accommodation for up to 10 vehicles. This expansive outdoor space presents an opportunity for further development, whether as additional residential units, recreational areas, or alternative commercial ventures.
Facilitating ease of ownership and investment, this property is accompanied by two separate title deeds, one for the built area and one for the outdoor space, ensuring a streamlined transaction process. Whether seeking a lucrative investment opportunity or a versatile space to call home, this property embodies endless potential and is sold as one cohesive unit.