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Building for sale in Paralimni, Famagusta

Paralimni, Famagusta, Cyprus
Building for sale in Paralimni, Famagusta 1661 Paralimni
Offers in the region of
470000 €470,000  ($494,363)
Address Estate Agents
Building
Paralimni, Famagusta
Offers in the region of

€470,000  ($494,363)

BuySell's Choice
One of BuySell Cyprus Real Estate favourite property
SOLD IN 5 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 $17,303

Average Bank Rate (€470,000)
1 USD = 0.9186 EUR
$511,665

Mid-market rate (€470,000)
1 USD = 0.9507 EUR
$494,363

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: 1608973 (129983)
  • Total covered area: 434 sqm
  • Plot: 531 sqm
  • Building permit available
  • Car Port
  • Close to amenities
  • Corner house
  • Covered Verandas
  • Quiet location
  • Storage Room
  • Title deeds available
  • Veranda
  • Walking distance to bus service

Description

Two-storey block of flats in Paralimni Municipality, in Famagusta District. It is situated at a distance of 130 meters (approx.) southwest of “LIDL” supermarket and 280 meters (approx.) west of 1st of April Avenue. The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, cafes, etc. In addition, it enjoys excellent access to the neighboring Municipalities and the “Protaras” tourist area. The building was constructed around the year 2010 and it comprises a piloti with parking spaces and one (1) ground floor flat, two (2) flats on the 1st floor, and two (2) flats on the 2nd floor. The building has in total five (5) flats that have similar designs and layouts which consist of a kitchen, living room, bathroom, two bedrooms, and covered/uncovered verandas. It is noted that each flat has the exclusive right to use one covered parking space and a storage room on the ground floor. The internal area of flats varies from 81sqm – to 91sqm approximately and the covered verandas vary from 20sqm – 30sqm. It is noted that flat No. 202 has also a roof garden of approximately 50 sqm. The total internal space area is 434 sqm (approx.), the covered verandas are 88sqm (approx.) and the uncovered verandas are 74sqm (approx.). It is noted that two flats (No. 001 & 202) are vacant, one flat (No. 102) is rented while two flats (No. 101 & 201) are occupied. The key advantage of this property is that the whole building is being sold and it is considered as an ideal choice for investment with potential for high income.

Year built: 2010
Title deed: The property has a separate Plot title deed
Planning zone: Κα6
Building Coefficient: 90%
Coverage Coefficient: 50%
Maximum Floors Allowed: 2
Maximum Building Height (m): 10

Buying expenses

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.

Stamp Duties
If buying as an individual
€848 ($891)
If buying on joint names
€848 ($891)
Transfer fees
If buying as an individual
€15,400 ($16,198)
If buying on joint names
€12,000 ($12,622)

Disclaimer - Property reference 1608973. 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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