Located in the heart of Sykies, an exceptional investment opportunity is available for sale. This 150 sq.m. two-story building (Ground Floor & 1st Floor) sits on a 133 sq.m. plot, offering immense potential for either a radical renovation and subdivision or the construction of a brand-new residential complex. DEVELOPMENT POTENTIAL & PLOT SPECIFICATIONS: The property is a "gold mine" for developers due to its favorable building terms: Plot Size: 133 sq.m. Building Coefficient (B.C.): 1.8 Coverage Ratio: 70% Investment Angle: Perfect for Land-for-Apartment exchange (Antiparochi) or total redevelopment. EXISTING LAYOUT & CHARACTERISTICS: The current structure, built in 1957, features a functional layout that can easily be divided into two independent floor-apartments: Interior: 4 Bedrooms, 2 Living Rooms, 2 Kitchens, 2 Bathrooms. Orientation: South-West facing, ensuring the building is dual-aspect (diamperes), exceptionally bright, and sun-drenched. Views: Features unobstructed, panoramic views of the sea. Condition: Requires total renovation (Energy Class H). Additional Features: Internal staircase and storage space. STRATEGIC LOCATION: Situated in a pivotal location with immediate access to the City Center: Transport: Just 180 meters from the nearest bus stop and 1,000 meters from a Metro station. Convenience: Steps away from local markets, schools, squares, and parks. SALE PRICE: €135,000 (An exceptional entry price for a property with such high building density and sea views). Contact us today for a detailed presentation and to explore the development potential of this strategic asset! Phone: +30 6983676196 Email: [email protected]