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The asset is a retail unit, formerly a pub, located on Protaras Avenue in Paralimni, Famagusta. This asset includes seven designated uncovered parking spaces and features a covered area of 147 square meters, a 173-square-meter uncovered balcony, and a 45-square-meter mezzanine. All these areas are fully covered by the relevant permits and are documented in the Title Deed. The asset has a separate Title Deed.
The retail unit is part of a mixed-use development comprising seven complexes, which together include 13 shops, 2 restaurants, and 137 apartments. The unit itself features a veranda with a pergola, an open-plan ground floor space, a mezzanine, a storage room, and restroom facilities.
The asset is located in Protaras Avenue 249, it is located approximately 300m west of Agias Triadas roundabout and approx. 1 km east of Paralimni.
The property falls within a duel Zone Κα8 (46%), with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (10m) of construction and Zone Εβ7(54%), with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction.
Title Deed Registration number: 0/18843
Main area size: 146 sqm
Helping area size: 45 sqm
Uncovered verandas size: 173 sqm
Build year: 1990
Occupancy status: Vacant
Title Deed Registration number: 0/18843
7 open parkings
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.
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