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Pay in USD and save up to $5,384PLOT FOR SALE WITH THE REGISTERED NATIONAL HERITAGE BUILDING IN TERSEFANOU FOR RENOVATION_GOVERNMENT GRANT ELIGIBLE
A unique investment opportunity in the very center of Tersefanou village with its infrastructure, restaurants, taverns, Tersefanou Municipality, Super Market, church, etc. either to restore a historic heritage building located in the heart of Tersefanou village, eligible for Government Grant schemes for the renovation of listed heritage buildings or for other use.
The existing historical building requires renovation and offers excellent development potential with the frame of the Zone H1 (100%).
Architectural plans have already been created and are subject for inspection by potential buyers.
A planning permit has already been issued for the renovation project, based on architectural plans for a 210 sq. m. four-bedroom residence. The Planning Department has also issued the relevant planning terms and conditions for this approved project.
Given the current planning parameters, a purchaser or investor may choose to proceed with the approved residential project or submit a new architectural proposal for a different development, subject to approval by the Planning Department and also subject to Governmental Grant.
Do not miss the relevant INVESTMENT OPPORTUNITY!
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.
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