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Don't miss out on this rare opportunity to own not one but two 2-bedroom detached bungalows situated on a spacious 870m2 plot of land in a prime location! Although both bungalows require full renovation, one is already livable and ready to be turned into your dream home. With similar layouts consisting of a living room, kitchen, two good-sized bedrooms, a main bathroom, and a small covered veranda, these properties are perfect for anyone looking to invest in a fixer-upper project. At approximately 85m2 each, there is plenty of potential to create a comfortable and modern living space. Plus, with the Paralimni commercial center just a short walk away and the famous Agios Georgios Church square only a couple of minutes' walk away, you'll have everything you need within reach. And let's not forget about the building coefficients of the land, which allow for easy extension or even demolition to construct other villas or blocks of apartments. Don't wait - schedule your viewing today and start making your dreams a reality!
The building coefficients for the land where the two bungalows are situated are as follows:
Building Zone: Κα6
Height: 8.3 meters
Storeys: 2
Coverage: 50%
Density: 90%
These coefficients allow for a maximum coverage of 50% of the total land area, with a maximum building density of 90%, meaning that up to 783 square meters can be built on the land. The maximum height allowed is 8.3 meters, and buildings can have up to 2 storeys.
Given these coefficients, the two bungalows can be extended or demolished to build new structures such as villas or blocks of apartments.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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