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Two-story mix-use building in Paralimni Municipality, in Famagusta District. It abuts Protaras – Kavo Greko Avenue (No.317), approximately 1100 meters northwest of Protaras center and approximately 750 meters west of the beach. It is ideally situated on one of the busiest streets in the area during the summer period. In addition, the property is located close to numerous services and amenities and has excellent access to the beautiful beaches of the surrounding area. In the nearby vicinity, there are many touristic developments. The building (No.1) is two-story and situated on the northwest part of the plot. The property comprises a ground-floor commercial unit and a one-bedroom apartment on the 1st floor. Access to the 1st floor is through an external staircase. The building has the right of uses a yard (No.12) 88sqm on the ground floor and the terrace (No.1) 49sqm. In addition, it has the right to use (4) four uncovered parking spaces on the ground floor. The total internal space area is 146sqm (approx.) and the uncovered verandas are 160sqm (approx.).The key advantage of this property is that the whole building is being sold and it is considered an ideal choice for investment. It is noted that the building is occupied.
Planning zone: Τ3ε5
Building Coefficient: 30% (Τ.Χ/Τ.Ε./Ο.Δ./Υ./Π.Κ.)
Coverage Coefficient: 20% (Τ.Χ/Τ.Ε./Ο.Δ./Υ./Π.Κ.)
Maximum Floors Allowed: 2 (Τ.Χ/Τ.Ε./Ο.Δ./Υ./Π.Κ.)
Maximum Building Height (m): 8,30 (Τ.Χ/Τ.Ε./Ο.Δ./Υ./Π.Κ.)
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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