€175,000 $183,306
You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.
Pay in USD and save up to $6,416Key features
- Listing ID: 823597 (118493)
- Title deeds available
Description
Welcome to a fantastic investment opportunity in Avgorou, Famagusta District. This expansive property comprises a large field of 5,946 sq.m., complete with an existing three-bedroom house and an incomplete two-bedroom house, offering endless possibilities for development. The property is ideally situated just 1 km southeast of the community center and only 260 meters southwest of the Avgorou - Liopetri, providing easy access to all necessary amenities, services, neighboring villages, and the motorway. Currently, there is a completed three-bedroom house located in the northwestern part of the property, offering a spacious living room/dining room as an open space, a kitchen with a dining room, and a guest's toilet on the ground floor. The first floor consists of a bathroom and three bedrooms, including the main one with shower/WC, covering an area of approximately 160 sqm. Moreover, there is an incomplete two-bedroom house located on the southwestern part of the property, with construction works about 70% complete. According to the architectural plans, the house will consist of a living room/dining room as an open space, a kitchen, and a guest’s toilet. The first floor consists of two bedrooms, including the one with shower/WC, and a bathroom, covering an area of approximately 125 sqm. The property has acquired a building permit for the construction of 12 two-story detached houses, which expired in 2020. This offers an amazing opportunity for a savvy investor or developer to take advantage of this rare opportunity and realize the potential of this property, making it an ideal investment for those seeking a profitable project in a desirable location. Don't miss out on this once-in-a-lifetime opportunity to own this remarkable property with endless possibilities. Contact us today to schedule a viewing and explore the endless possibilities this property has to offer.
Characteristics:
Enclosed area: 160 m2 + 125 m2 = 285 m2
Land: 5,946 m2
Year built: 2007
Title deed: The property has a separate title deed
Planning zone: Η2
Building Coefficient: 90%
Coverage Coefficient: 50%
Maximum Floors Allowed: 2
Maximum Building Height (m): 8,30
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.
Disclaimer - Property reference 823597. 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.