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Investment opportunity in a five-a-side football court business, centrally located between Paralimni and Agia Napa Municipalities. The asset concerns two five-a-side football fields and a facilities building of approximately 130 sq.m. consisting of dressing rooms, toilets, and a cafeteria. Permission to operate is in place. The land extends to about 5.732 sq.m. in total, is rectangularly shaped, has a flat surface, and abuts two registered roads with a total road frontage of approximately 185m. The property falls within Zone Γα4, with a building coefficient of 10%, coverage of 10%, and permission for 2 floors (7m) of construction.
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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