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Pay in USD and save up to $6,424A property in a prime location in Protaras is now for sale.
The property is located just 500m from the famous beaches of Protaras, 160m from Protaras McDonalds and close to all amenities needed in the world famous resort.
The property was used as a restaurant and it is currently under evaluation from the Planning Department to acquire a license to be converted for residential purposes.
It is situated on the top floor of a 2 storey building, providing a great view of the sea. The total covered areas are 179sqm and it also enjoys a total of 133sqm of uncovered verandas. There are also 6 parking spaces behind the building, registered to the property.
The property has a separate title deed and can be either used as restaurant or there is a possibility that they could be turned into luxury apartments, providing a great investment opportunity.
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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