Two-storey building with a basement, located right in the centre of Paralimni town, 250 meters from the central Agios Georgios church plaza. It is located in an area that boasts busy commercial activity and a variety of dining options. The building was constructed in 1960 and consists of a basement, a ground floor with mezzanine level and first floor. On the ground floor there is retail shop, while on the 1st floor there are two apartments that can be used for residential purposes or as workplaces. The shop on the ground floor has enclosed area of 120sq.m. and a 60sq.m. mezzanine level. Each apartment comprises of two bedrooms and they have an enclosed area of approximately 75sq.m. and 8sq.m. of covered veranda each. The shop is currently rented whilst the two apartments are currently vacant. The desirable location of the property makes it suitable for rental, with satisfactory rate of return, or for private use.
Plot: 267 sq meters
Building Zone: Πα8β
Building Density: 120%
Covered Density: 70%
Floors: Three Storeys
Height: 10 Meters
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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