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Apartment Building
Kapparis, Famagusta
Offers in the region of

€1,115,000  ($1,294,465)

SOLD IN 55 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!
Compared currency flag Pay in USD and save up to $45,306

Average Bank Rate (€1,115,000)
1 USD = 0.8322 EUR
$1,339,771

Mid-market rate (€1,115,000)
1 USD = 0.8614 EUR
$1,294,465

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 8463337 (133070)
  • Total covered area: 1200 sqm

Description

The property for sale consists of sixteen flats (4 one-bedroom flats, 10 two-bedroom flats, and 2 three-bedroom flats) in the Municipality of Paralimni, in the district of Famagusta. The property is located approximately 450 meters northwest of Protaras Avenue, approximately 850 meters southwest of Kapparis Avenue, and approximately 1.3 km southwest of the bustling Kapparis Beach.
It is ideally located near a wide range of services and amenities, such as supermarkets, restaurants, cafes, and beach bars. Additionally, the property offers excellent access to the sea, the tourist area of Paralimni/Ayia Napa, and Larnaca Airport.

The flats are part of the residential complexes called “Aegina II” & “Aegina III” with a total of 34 units.
“Aegina II” consists of a total of 20 units. Specifically, the flats for sale correspond to 12 flats. There are 1 one-bedroom flat, 9 two-bedroom flats, and 2 three-bedroom flats.

For “Aegina II,” separate title deeds of all the 20 apartments have been issued with unauthorised works. Problematic Titles which are not transferable until all building issues are sorted out. Therefore, the transfer of the flats will be conducted through an assignment of contract. On this court, for sale are 12 apartments.

“Aegina III” consists of a total of 14 units. Specifically, the flats for sale correspond to 4 flats. There are 3 one-bedroom flats and 1 two-bedroom flat. For “Aegina III”, the way of transfer of the flats will be conducted through an assignment of contract since the separate title deeds of the apartments have not yet been issued.

The average internal area of the one-bedroom flats is approximately 47 sqm, of the two-bedroom flats is approximately 71 sqm, and of the three-bedroom flats is approximately 80 sqm.

The total internal area is 1173 sq. m, the covered terraces cover 127 sq. m, and the uncovered terraces cover 366 sq. m.

The flats are vacant and are suitable for private use and for short/long-term rental with a very good return.
The properties are being sold as a single unit. We do not accept offers for individual units.

Year built: 2006
Communal Swimming pool

Properties for sale
Flat 1, Unit No: 3 (Block 2) 69 m2, 2 Bedrooms, 1 Bathroom
Flat 2, Unit No: 11 (Block 2) 73 m2, 2 Bedrooms 1 Bathroom
Flat 3, Unit No: 2 (Block 3) 48 m2, 1 Bedroom 1 Bathroom
Flat 4, Unit No: 15 (Block 2) 68 m2, 2 Bedrooms, 1 Bathroom
Flat 5, Unit No: 5 (Block 2) 62 m2, 2 Bedrooms, 1 Bathroom
Flat 6, Unit No: 6 (Block 3) 65 m2, 2 Bedrooms, 1 Bathroom
Flat 7, Unit No: 8 (Block 2) 65 m2, 2 Bedrooms, 1 Bathroom
Flat 8, Unit No: 6 (Block 2) 79 m2, 3 Bedrooms, 1 Bathroom
Flat 9, Unit No: 3 (Block 3) 48 m2, 1 Bedroom, 1 Bathroom
Flat 10, Unit No: 1 (Block 3) 48 m2, 1 Bedroom, 1 Bathroom
Flat 11, Unit No: 7 (Block 2) 84 m2, 3 Bedrooms, 1 Bathroom
Flat 12, Unit No: 10 (Block 2) 69 m2, 2 Bedrooms, 1 Bathroom
Flat 13, Unit No: 17 (Block 2) 69 m2, 2 Bedrooms, 1 Bathroom
Flat 14, Unit No: 20 (Block 2) 73 m2, 2 Bedrooms, 1 Bathroom
Flat 15, Unit No: 2 (Block 2) 45 m2, 1 Bedroom, 1 Bathroom
Flat 16, Unit No: 14 (Block 2) 65 m2, 2 Bedrooms, 1 Bathroom

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
€41,200 ($47,831)
If buying on joint names
€37,800 ($43,884)

Disclaimer - Property reference 8463337. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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