€360,000 $374,271
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 $13,099Key features
- Listing ID: 1581022 (altia2406)
- Total covered area: 774 sqm
- Plot: 932 sqm
Description
The property is a ground-floor shop with a basement in Avgorou, Famagusta.
Explore this exceptional retail opportunity featuring an open-plan shop area on the ground floor, complemented by convenient access to a well-equipped basement. The basement includes two spacious storage rooms, an office, toilets, and parking for up to six cars, currently utilized as additional storage areas.
Access is seamless via a staircase, lift, or external concrete ramp.
The asset is currently leased under a secure 4-year contract expiring in September 2028, the property benefits from a yearly rent increase of 2%, providing a reliable income stream for investors.
The property is situated in the ‘Pafitou’ location, about 150m south of the center of the village about 80m north of the village primary school, and about 150m north of the connecting road of Avgorou-Ormideia.
The property falls within Zone Κα6, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction.
Occupancy status: Rented
Landlot area: 932sqm
Frontage length: 20m
Total building size: 774sqm
Build year: 1995
Total floors:2
Elevators number:1
1st unit
Enclosed area size: 366sqm
Ground floor
2nd unit
Enclosed area size: 408sqm
Floor: Basement L1
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 1581022. 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.