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Pay in USD and save up to $12,337A rare opportunity to acquire a mixed-use property with title deed, located on the central commercial street of Palouriotissa, offered at an exceptionally attractive price of only €310,000.
Property Overview:
Residential Unit (1st Floor):
4-bedroom house
130 sqm internal covered area
Year built: 1980
Currently at an early stage of renovation (not habitable)
Commercial Units (Ground Floor):
Two shops with excellent street frontage
135 sqm covered area
Additional 50 sqm mezzanine
Planning & Development Potential
Planning Zone: Εβ2 (100%)
Building Density: 180%
Coverage: 50%
Maximum Height: 31m
Up to 8 Floors
Additional Features:
Multiple parking spaces at the front and side of the property
Large internal courtyard
High visibility and easy access
Suitable for commercial, residential, or mixed-use redevelopment.
This property represents an excellent development and investment opportunity, offering significant upside potential due to its zoning, central location, and generous building coefficients. Ideal for developers or investors seeking strong future returns in a high-demand area.
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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