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Address Estate Agents
Mixed Use Project
Deryneia, Famagusta

€350,000  ($406,239)

Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 1085784
  • Total covered area: 526 sqm
  • Plot: 551 sqm
  • Open parking
  • Close to amenities
  • Quiet location
  • Walking distance to bus service
  • Commercial building
  • Covered area for the apartment: 290 sqm
  • Covered veranda for the apartment: 36 sqm
  • Number of bedrooms for the apartment: 4
  • Extra room in the apartment that can be used as a bedroom, office/study room, etc.
  • Provision for central heating in the apartment
  • Provision for air conditioning in the apartment
  • Number of bathrooms for the apartment: 2 (1 guest WC and 1 family bathroom)
  • Covered area for the kiosk: 173 sqm
  • Covered veranda for the kiosk: 27 sqm
  • Uncovered veranda for the kiosk: 25 sqm
  • Air conditioning in the kiosk
  • Number of bathrooms for the kiosk: 1 (1 WC)
  • Extra storage rooms in the kiosk
  • Building in need of Renovation/Modernisation
  • Title Deed of Plot available

Description

This commercial building in Deryneia offers a fantastic investment opportunity with great residential and business potential. The property consists of a ground-floor kiosk and an entire first-floor penthouse, offering a total covered area of 526 sqm (290 sqm interior + 36 sqm covered veranda for the apartment, 173 sqm interior + 27 sqm covered veranda for the kiosk), plus 25 sqm uncovered veranda for the kiosk, all set on a 551 sqm plot. The apartment is accessible via a private staircase and includes 4 bedrooms, 2 bathrooms, a kitchen, a spacious living area, and an extra room ideal for use as a fifth bedroom, office/study room, etc. It also features provision for central heating and provision for air conditioning. The kiosk is fully functional, including storage rooms, a bathroom, and air conditioning, and offers open parking. Located in a quiet location, the building is close to all amenities and within walking distance to bus service. Whether you're looking to generate rental income, establish a business, or convert the building into multiple units, this property offers excellent long-term value. Renovation/Modernisation required. TITLE DEEDS OF PLOT AVAILABLE!!!

***OPEN TO OFFERS!!!***

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€10,600 ($12,303)
If buying on joint names
€7,200 ($8,357)

Disclaimer - Property reference 1085784. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.