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Residential building in Paralimni, Famagusta

Ref No: 8531 OFFER ACCEPTED

€ 620,000

Description

The property is a three-storey residential building in Paralimni. It is located 200m from the center of the municipality and from the 1st of April commercial avenue. The building consists of six 3-bedroom apartments (two on each floor) and covered parking spaces on the ground floor. Each unit consists of an 85 sqm internal area.

The two apartments on the first floor (with no. 101 & 102), have been unified. The apartments are occupied.
The apartments on the second and third floors have been converted into office spaces.

Office 202 is currently occupied. There is a consensual agreement for the delivery of free and vacant possession by 31/12/2024. Office 302 is currently tenanted. Offices 201 & 301 are vacant.

The building has a total covered area of 510sqm plus communal areas of about 24sqm. It is built within a land area of 485sqm.

It offers close proximity to all amenities and easy access to Paralimni's center. The immediate area of the property consists of houses, apartments, shops, cafeterias etc.

Energy Performance Certificate for the 1st floor: Energy Class D
Energy Performance Certificate for the 2nd and 3rd floor: Energy Class E

Main Features

VAT
No
Occupancy Status
Partly Occupied
Ownership Share
100 %
Status
For sale

Other Features

Land Registry

District
Famagusta
Community
Paralimni Municipality
Reg. No.
0/14734
Sheet/Plan
00/1-2890-3790
Parcel
52
Zone
ΠΑ8Γ

Areas

Covered Area
510 m2
Total Covered Area
534 m2
Land area
485 m2

Further Features

Year of construction
2010

Town Planning

Town planning zone
Commercial
Percentage
100 %
Building density
140 %
Coverage ratio
70 %
Max floors
4
Max height
14.30 m

Legal disclaimer

The asset was repossessed by Gordian Holdings Limited via auction pursuant to Part VIA of the Immovable Property (Transfer and Mortgage) Law of 1965 (L. 9/1965). The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219). We recommend that you seek independent advice regarding any applicable transfer fees.

Any markings, or designs on the property photos are indicative, for illustration purposes only and may differ from the actual boundaries.

 

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