IMPORTANT NOTICE
This is a direct sale of a mortgaged property, in accordance with article 44H (3) of the Immovable Property (Transfer and Mortgage) Law of 1965, as amended from time to time.



The property for sale is a three-storey mixed-use building and a detached ground-floor house in Deryneia Municipality, in Famagusta District. It is located on Eleftherias Avenue (Deryneia - Paralimni connecting road), 500 meters southeast of the center of the Municipality and 600 meters west of Paralimni Hospital.

The property is ideally situated close to a plethora of amenities and services such as supermarkets, schools, shops, restaurants etc. In addition, it enjoys excellent access to the neighboring communities and municipalities.

The house was built around 1985 and consists of a kitchen, living-dining room, guest toilet, four bedrooms and a main bathroom with WC. It has an internal area of 150 sq.m. (approx), plus 12 sq.m. covered verandas, plus 12 sq.m. uncovered verandas.

The building has a corner position, was built around 1993 and comprises of a basement, ground floor, mezzanine level and two upper floors. On the ground floor there is a large shop with a mezzanine level, while the floors consist of a total of 10 apartments (5 apartments on each floor), four one-bedrooms and six studios. It is noted that the 5 apartments on the 2nd floor remain incomplete (they are in the stage of plastering). The basement consists of parking spaces and storage area.

The area of the basement is 300 sq.m. (approx.), the ground floor shop is 250 sq.m., the mezzanine is 126 sq.m. and the 1st and 2nd floor is 260 sq.m. each plus 60 sq.m. covered verandas each.

It is noted that the building and the house corresponds to the 1/2 share of the property (northwest part) with a land area of 968 sqm (approx.).