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Incomplete building in Mazotos community of Larnaca district. The property is located just 150 meters from the sea (Petounta area) and approximately 900 meters south of the Mazotos – Zygi road connection. The property is situated in the tourist area of Mazotos where there are scattered tourist units with peak activity during summer periods. The building for sale is part of a residential complex with 17 houses, in total, that were constructed around the year 2008. It is noted that the units have separate title deeds. According to the building permit, the incomplete building for sale is a shop with a mezzanine where the reinforced concrete structure and part of the brick walls were completed. The shop has a total covered area of approximately 206 sqm plus a mezzanine of 105 sqm (approx). It is noted that the title deed of the property corresponds to the unexhausted building rights (No 18 on the ground floor) and it is situated on the northwestern part of the complex. In addition, it has an exclusive right of use of 10 uncovered parking spaces No. 81, 82, 83, 84, 85, 86, 87, 88, 89 & 90 ( with a communal ownership share of 6.79%). It is considered as an ideal choice for investment.
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.
Disclaimer - Property reference 1362825. 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.
