Part of the prestigious "Dionysos" Complex in Deryneia, Famagusta, this incomplete property offers a unique development opportunity.
While "Dionysos Complex 1" is fully completed, "Dionysos Complex 2" presents an exciting opportunity for further development, with independent rights and a separate title deed already secured.
It is important to note that there is a separate title deed for this property for inexhaustible development rights of 1.288 sq.m, covered parking area, and a yard of 238 sq.m.
The building, accessible via a private road, includes parking and four apartments on the ground floor, six apartments on the first floor, and plans for four more on the second floor.
With its concrete structure and brickwork completed, this property is ready for the next phase of development.
Perfect for investors seeking a prime location investment with significant growth potential.
The horizontal division for the building was completed under permit No. 530, issued on 11/09/2017.
Additionally, the final approval certificate for the corresponding permit, No. 822, was issued on 27/03/2018.
The asset is located approximately 785m west of Paralimni lake, approximately 55m west of Deryneia Industrial area, approximately 260m east of Deryneia-Sotiras connecting road, and approximately 375m southeast of Deryneia stadium.
The property falls within a duel Zone Κα6(70%), with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction and Zone Δα1(30%), with a building coefficient of 0.5%, coverage of 0.5%, and permission for 1 floors (5m) of construction.

Κτιριο 2: "DIONYSOS COMPLEX"
Title Deed with Horizontal division - Reg. Number 0/12342 - ΑΝΕΞΑΝΤΛΗΤΑ ΔΙΚΑΙΩΜΑΤΑ ΑΝΑΠΤΥΞΗΣ
ΕΜΒΑΔΟ ΠΕΡΙΤΟΙΧΙΣΜΕΝΟΥ ΧΩΡΟΥ ΜΟΝΑΔΑΣ - 1288 m2
Μεριδιο στην κοινοκτητη ιδιοκτησια: 68.09% ot total Land Area of 3.386 sqm

14 units
2 One-bedroom apartments
11 Two-bedroom apartments
1 Three-bedroom apartment
14 parking spaces
27 bedrooms in Total
Total building size: 1.288sqm
Year of Construction: 2009
Completion status: Incomplete

1st unit
Enclosed area size: 50 sqm
Uncovered verandas size: 42 sqm
Floor: Ground
Bedrooms: 1
Parking spaces: 1

2nd unit
Enclosed area size: 83 sqm
Uncovered verandas size: 40 sqm
Floor: Ground
Bedrooms: 2
Parking spaces: 1


3rd unit
Enclosed area size: 88 sqm
Covered verandas size: 33 sqm
Floor: Ground
Bedrooms: 2
Parking spaces: 1

4th unit
Enclosed area size: 55 sqm
Uncovered verandas size: 25 sqm
Floor: Ground
Bedrooms: 1
Parking spaces: 1

5th unit
Enclosed area size: 79 sqm
Covered verandas size: 12 sqm
Floor; 1st
Bedrooms: 2
Parking spaces: 1

6th unit
Enclosed area size: 77 sqm
Covered verandas size: 20 sqm
Floor: 1st
Bedrooms: 2
Parking spaces: 1

7th unit
Enclosed area size: 86 sqm
Covered verandas size: 37 sqm
Floor: 1st
Bedrooms: 2
Parking spaces: 1

8th unit
Enclosed area size: 86 sqm
Uncovered verandas size: 40 sqm
Floor: 1st
Bedrooms: 2
Parking spaces: 1

9th unit
Enclosed area size: 79 sqm
Uncovered verandas size: 29 sqm
Floor: 1st
Bedrooms: 2
Parking spaces: 1

10th unit
Enclosed area size: 84 sqm
Covered verandas size: 15 sqm
Floor: 1st
Bedrooms: 3
Parking spaces: 1

11th unit
Enclosed area size: 84 sqm
Uncovered verandas size:36 sqm
Floor: 2nd
Bedrooms:2
Parking spaces: 1

12th unit
Enclosed area size: 87 sqm
Uncovered verandas size: 52 sqm
Floor: 2nd
Bedrooms: 2
Parking spaces: 1

13th unit
Enclosed area size: 90 sqm
Uncovered verandas size: 53 sqm
Floor: 2nd
Bedrooms: 2
Parking spaces: 1

14th unit
Enclosed area size: 87 sqm
Uncovered verandas size: 37 sqm
Floor: 2nd
Bedrooms: 2
Parking spaces: 1