€1,100,000 $1,153,118
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Pay in USD and save up to $40,359Key features
- Listing ID: 1170018
- Building permit available
- Title deeds available
Description
Unlock the Potential of Your Dreams with this Prime Investment Opportunity in Agia Napa! Nestled in the heart of Agia Napa Municipality, just moments away from the enchanting Kavo Gkreko Avenue and a mere stroll from the Agia Napa Police Station lies a hidden gem waiting for your vision. This touristic block of flats, located in the sought-after Famagusta District, presents the perfect canvas for your investment aspirations. Situated amidst the charm of the surrounding area and with convenient access to essential amenities, motorways, and glistening beaches, this property holds the promise of year-round prosperity. Agia Napa's tourism flourishes, especially during the vibrant summer season, making this locale an investor's paradise. Built in 1981, this two-story building boasts 22 flats, including 12 one-bedroom flats, 2 two-bedroom flats, and 8 studios, each featuring its own cozy covered veranda. The ground floor unveils a communal swimming pool, reception area, storage, toilets, and dressing rooms, ensuring residents' comfort. Spanning an expansive 920 sqm (approx.) of internal space with 65 sqm (approx.) of covered verandas, and 1,290 m2 of land, the possibilities are endless. The key advantage lies in the entire building being available for purchase, making it the ultimate investment choice. While this complex requires a full renovation, envision the masterpiece it can become – your gateway to the best investment in Agia Napa. Don't miss out on this golden opportunity; the time to act is now!
Planning zone: ΚΓΥ1
Building Coefficient: 60%
Coverage Coefficient: 35%
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.
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