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Apartment Building for sale in Kato Paphos, Paphos

Kato Paphos, Paphos, Cyprus
Apartment Building for sale in Kato Paphos, Paphos 813 Kato Paphos
1295000 €1,295,000  ($1,347,466)
Apartment Building
Kato Paphos, Paphos

€1,295,000  ($1,347,466)

Fox Smart Estate Agency Limassol

Fox Smart Estate Agency Limassol

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $47,161

Average Bank Rate (€1,295,000)
1 USD = 0.9286 EUR
$1,394,628

Mid-market rate (€1,295,000)
1 USD = 0.9611 EUR
$1,347,466

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1160614 (B_122150)
  • Plot: 550 sqm

Description

The building is ideally located in Kato Paphos, within walking distance from the upcoming American University of Beirut and many local amenities. It also offers easy access to popular tourist destinations, including the Kings Avenue Mall and the city center.

The building has a net cover covered area of approx. 425 sq.m and falls within the residential planning zone ka5, having building density 100% and coverage coefficient 50% ,3 floors and maximum height of 13.5m.

It consists nine one-bedroom apartments, a covered parking area, which are currently rented for long term with an annual rental income of 47k. 

It has the potential to be renovated and rented for long-term or short term, as it has the building permits for a third floor with four more apartments, which will increase the value and the annual income.

The building for sale is a secure and excellent investment opportunity, as each apartment has its own separate title deeds.
Contact us for more info and to arrange a viewing.

Το κτιριο εχει καθαρο καλυμμενο χωρο περιπου 425 τ.μ. και εμπιπτει στην οικιστικη ζωνη κα5, με συντελεστη δομησης 100% και συντελεστη καλυψης 50%, 3 οροφους και μεγιστο υψος 13,5μ.

Αποτελειται απο εννεα διαμερισματα ενος υπνοδωματιου, στεγασμενο χωρο σταθμευσης, τα οποια προς το παρον μισθωνονται μακροχρονια με ετησιο εισοδημα τις  47 χιλ.

Εχει δυνατοτητα ανακαινισης και ενοικιασης μακροχρονια η βραχυπροθεσμα, καθως διαθετει οικοδομικες αδειες για τριτο οροφο με τεσσερα ακομη διαμερισματα, γεγονος που θα αυξησει την αξια και το ετησιο εισοδημα.

Το κτηριο προς πωληση αποτελει μια ασφαλη και εξαιρετικη επενδυτικη ευκαιρια, καθως καθε διαμερισμα εχει τους δικους του ξεχωριστους τιτλους ιδιοκτησιας.Επικοινωνηστε μαζι μας για περαιτερω πληροφοριες η να κανονισουμε μια συναντηση. 
 

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.

Stamp Duties
If buying as an individual
€2,498 ($2,599)
If buying on joint names
€2,498 ($2,599)
Transfer fees
If buying as an individual
€48,400 ($50,361)
If buying on joint names
€45,000 ($46,823)

Disclaimer - Property reference 1160614. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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