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Residential Development for sale in Avgorou, Famagusta

Avgorou, Famagusta, Cyprus
Residential Development for sale in Avgorou, Famagusta 112 Avgorou
Offers in the region of
205000 €205,000  ($224,075)
Residential Development
Avgorou, Famagusta
Offers in the region of

€205,000  ($224,075)

VAT Applicable not included in the price
SOLD

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $7,843

Average Bank Rate (€205,000)
1 USD = 0.8839 EUR
$231,918

Mid-market rate (€205,000)
1 USD = 0.9149 EUR
$224,075

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 842854 (4076)
  • Building permit available

Description

Looking for a great investment opportunity? Look no further than this incomplete residential development in Avgorou! This asset offers an 83% share (6,432 m2) of an incredible project that has the potential to be a fantastic residential community. The development is situated just 800m from the center of Avgorou, and only 1.1km from the Avgorou Primary School, making it a prime location for families. The current development features four incomplete houses, with an additional 14 houses planned. Each of the 18 houses will have a spacious 106 sqm floor plan, featuring an open-plan living and dining room, a modern kitchen, a guest toilet, and a bedroom on the ground floor. Upstairs, you'll find two en-suite bedrooms, perfect for providing privacy and comfort for your family or guests. The town planning zone for the area is residential, with a building density of 90%, coverage ratio of 50%, max floors of 2, and max height of 8.30m. The covered area of the development is 400 sqm, and the total land area is an impressive 6,432 sqm. This property is a great investment opportunity, offering the chance to develop a thriving residential community in a prime location. Don't miss out on this chance to invest in your future!

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Disclaimer - Property reference 842854. 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.

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