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This asset is a studio apartment on the first floor of a residential building and the development rights of the adjacent plot in Paralimni, Famagusta. The apartment has an area of 35sqm and comprises of an open plan living/dining/bedroom area and kitchen, a bathroom, and a covered balcony. The apartment enjoys the exclusive right of use of a covered parking space and a storage room on the ground floor and use of the common swimming pool. The apartment has double-glazed installed and provisions for split units and central heating. It also benefits from the development rights of 1,032sqm in the adjoining plot
The surrounding area of the property comprises of residential and touristic developments that enjoys easy access to both the centre of Paralimni village and Protaras area.
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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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