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4 Bedroom Bungalow
Kato Paphos, Paphos

€485,000  ($553,100)

SOLD IN 49 DAYS
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: 1660059
  • Bedrooms: 4
  • Bathrooms: 3
  • Total covered area: 263 sqm
  • Plot: 693 sqm
  • Resale built in 1999
  • Air Condition
  • Bungalow
  • Close to amenities
  • Cul de sac
  • Double Glazed
  • En suite bathroom
  • Fully Fitted Kitchen
  • Veranda
  • Walking distance to bus service

Description

4-bedroom bungalow located in the Universal area, offering exceptional proximity to essential amenities and services.

The property presents a strategic investment opportunity with two primary potential uses:

Investment Property: Maintain and rent out the existing bungalow
Development Opportunity: Demolish and construct multi-unit apartments

Key Location Advantages:

Prime universal area setting
Close proximity to local services
Excellent potential for real estate investment
Flexible development possibilities

The property's location and configuration make it attractive for investors seeking either rental income or property development potential.

Its versatility allows for multiple strategic approaches to maximize real estate value.

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
€16,000 ($18,247)
If buying on joint names
€12,600 ($14,369)

Disclaimer - Property reference 1660059. 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.