Building for sale in Deryneia, Famagusta

This incomplete property offers a unique development opportunity.
While Complex 1 is fully completed, Complex 2 presents an exciting opportunity for further development, with independent rights and a separate title deed already secured.
It is important to note that there is a separate title deed for this property for inexhaustible development rights of 1.288 sq.m., covered parking area and a yard of 238 sq.m.
The building, accessible via a private road, includes parking and four apartments on the ground floor, six apartments on the first floor, and plans for four more on the second floor.
With its concrete structure and brickwork completed, this property is ready for the next phase of development.
Perfect for investors seeking a prime location investment with significant growth potential.
The property falls within a duel Zone Κα6(70%), with a building density of 90%, coverage of 50%, and permission for 2 floors (10m) of construction and Zone Δα1(30%), with a building density of 0.5%, coverage of 0.5%, and permission for 1 floors (5m) of construction.