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The property for sale is a restaurant/nightclub in Agia Napa Municipality, in Famagusta District. It abuts Archbishop Makariou III Avenue, approximately 130 meters east of Agia Napa square and approximately 230 meters northeast of the church of Agia Napa. It is ideally situated on one of the busiest streets in the area during the summer period. In addition, the property is located close to numerous services and amenities and has excellent access to the beautiful beaches of the surrounding area. In the nearby vicinity, there are many touristic developments. The restaurant/ nightclub is situated on the 1st floor of a two-story commercial building. It is noted that part of the restaurant is converted into four apartments (studio). Access to the 1st floor is through an internal staircase. The building has the right of uses a yard (No.7) 9sqm on the ground floor and a yard (No.2) 153sqm on the 1st floor and the terrace (No.1) 201sqm. The total internal space area is 185 sqm (approx.) and the uncovered verandas are 2 sqm (approx.). The property is suitable for private use or for rental purposes. It is noted that the property is vacant.
Enclosed area: 185 m2
Veranda: 2 m2 Uncovered
Year built: 1992
Title deed: The property has a separate title deed
Planning zone: Εβ9
Building Coefficient: 40%
Coverage Coefficient: 25%
Maximum Floors Allowed: 2
Maximum Building Height (m): 10
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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