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The property consists of two adjacent plots in Paralimni, Famagusta.
The plots are located circa 415m from the Agias Varvaras Church, 430m from the METRO supermarket and 615m southeast from the the Δ’ Paralimni Elementary School.
The property totals 1,392 sqm, (Reg.No 0/13083 – 589 sqm and Reg.No 0/13083 – 803 sqm) and has a rather flat surface.
The asset with Reg. No 0/13082 has a rather rectangular shape whereas the one with Reg. No 0/13083 a rather irregular shape.
The property benefits from road frontage of 46m along Pavlou Mela Street.
The asset is covered by all the utility services i.e. electricity, water, and telecommunication.
The immediate area is characterized by residential developments (houses, blocks of flats) of mid to high specifications.
The wider area consists of touristic developments and facilities including houses, flats, restaurants and bars.
The property is zoned as Kα6 (residential) with 90% building density, 50% coverage, 2 floors and a maximum height of 8,3m.
THE PRICE IS SUBJECT TO VAT.
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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