€255,000 $274,029
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Pay in USD and save up to $9,591Key features
- Listing ID: 800857
- Air Condition
- Building permit available
- Title deeds available
Description
Two-storey building in Paralimni Municipality, in Famagusta District. It is located close to all necessary amenities and services. In addition, it has excellent accessibility to the motorway and the neighbouring villages and municipalities. The building was constructed in 1984 and is in a good condition. It consists of four two-bedroom apartments, two on the ground floor and two on the first floor. The apartments are identical and consist of an open plan kitchen with a living/dining room, a bathroom with WC and two bedrooms. Outside there is uncovered parking. The internal area of each apartment is 65sqm (approx.) and the covered verandas 5sqm (approx.). The total land size is 537 m2. The key advantage to this property is that that whole building is being sold and is considered as an ideal choice for investment. The four apartments are rented for a total of €1270/month with a return of 6%.
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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