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The asset is a three-bedroom house and a restaurant located in the center of Agia Napa town, just 3 mins away from the famous Ayia Napa square, primary school and the beach. The asset is surrounded by all amenities, restaurants, bars, holiday apartments and tourist attractions such as museums. The house has approx. 110sqm internal area while the restaurant has approx. 185sqm, in addition to 50sqm covered verandas. The asset also includes a semi-basement of approx. 116 sqm out of which 95 sqm is used as parking space and 21sqm includes storage, shower and toilet. The asset also includes a mezzanine of approx. 41sqm. It has a total land area of 537sqm. Property in need of Full Renovation.
Building Coefficients:
Building Zone: ΚΓΥ1
Building Density: 60%
Coverage Ratio: 35%
Max Floors: 2
Max Height: 8.3m
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.
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