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Mixed Use Project for sale in Frenaros, Famagusta

Frenaros, Famagusta, Cyprus
Mixed Use Project for sale in Frenaros, Famagusta 166 Frenaros
Offers in the region of
510000 €510,000  ($555,684)
Mixed Use Project
Frenaros, Famagusta
Offers in the region of

€510,000  ($555,684)

SOLD
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $19,449

Average Bank Rate (€510,000)
1 USD = 0.8868 EUR
$575,133

Mid-market rate (€510,000)
1 USD = 0.9178 EUR
$555,684

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 875838 (122880)
  • Air Condition
  • Title deeds available
  • Storage room
  • Enclosed area: 545 m2
  • Veranda: 30 m2 Covered
  • Land: 1,784 m2
  • Year built: 2010
  • Title deed: The property has a separate title deed

Description

Two-story mixed-use building in a very attractive area, in Frenaros Community, in Famagusta District. It is located on Archbishop Makarios III Avenue (the main road that connects Frenaros and Deryneia). The property is ideally situated close to all necessary services and amenities. In addition, it enjoys excellent access to neighboring communities and municipalities. The building was constructed in 1972 and is in good condition. It consists of a basement with a parking area, a ground floor, and a first floor. The ground floor consists of a shop that was used as a bakery. It is divided into the main sales areas and other auxiliary areas for the needs of the bakery such as the product preparation area, packaging area, etc. The first floor consists of three apartments (one three-bedroom apartment and two two-bedroom apartments). They are accessed via a staircase. Some of the finishes are remaining to be finished such as painting, carpenter works the installation of hygiene parts, and other minor construction works. The total area of the plot is 1,784 sqm., while the area of the building is divided into a 270sqm basement, 110sqm main shop, 200sqm auxiliary areas of the shop, and 235 sqm first-floor apartments. An important advantage to this property is that it is available as a single property. It is suitable for rental or for private use.

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.

Stamp Duties
If buying as an individual
€928 ($1,011)
If buying on joint names
€928 ($1,011)
Transfer fees
If buying as an individual
€17,000 ($18,523)
If buying on joint names
€13,600 ($14,818)

Disclaimer - Property reference 875838. 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.

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