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]