You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Pay in USD and save up to $39,555Mixed-use building available for sale located in one of the best areas in Paralimni, near Protaras and Ayia Napa.
The asset comprises of eight residential apartments (six one-bedroom apartments, two two-bedroom apartments) and one commercial shop on the ground floor.
All of the apartments and the shop are currently rented on long term basis with over 50,000 Euros NET total rental income per annum.
Building has been fully renovated (electrical, plumbing etc) 2 years ago and fitted with new electrical appliances and modern furniture throughout.
Building density with the new local plan into effect increased from 90% to 140% giving the investor the opportunity to construct more units.
All in all its a great opportunity to purchase a property with high rental income and with huge potential of capital appreciation in the near future.
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 1236471. 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.
