For Sale

Building in Paralimni, Famagusta

Property: 5466

€2,800,000

Status: Available

Building Area: -

No of Parking spaces: -

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Description

The asset is a mixed-use commercial building in Paralimni, Famagusta located approx. 630m away from 1st. Apriliou Street, Paralimni's main commercial street and close to Deryneia - Paralimni roundabout. The building is in excellent condition, enjoys great visibility and is ideal for spacious showroom or offices. It has a total covered area of 2649sqm and is built within a land area of 5085sqm.

In addition the asset includes land area of 1859sqm (parcel 160) that can be used for further development, making it a great opportunity for a high yield investment. The asset is rented on a long term basis offering high return on investment.
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.

Features

Land Registry

District: Famagusta
Municipality / Community: Paralimni
Reg.No: 0/15331, 0/4813, 0/4814
Sheet: 0/2-288-378
Block: 02
Parcel: 154, 159, 160
Zone: Εβ8, Κα8
VAT: Yes

Areas

Total Covered Area: 2,649m²

Further Features

Year of Construction: 2010
No.of Floors: 2

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