For Sale

Shared fields in Paralimni, Famagusta

Property: 5399

€325,000

Status: Available

Sub Type: Field

Reg.No: 0/22111, 0/825

Sheet: 0/2-291-382, 0/2-290-381

Quarter / Block: - / 7

Parcel: 10, 15

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Share Property

Description

The assets are 75% share of two touristic fields in Paralimni, Famagusta located only 600m from the seafront and 15min drive to Paralimni. The asset offers close proximity to Famagusta General Hospital, banks, shops, post office, schools, coffee shops and more. The fields have a total combined area of 12,079sqm and are within 300m from the nearest road. The wider area is the buffer zone of Paralimni which consists of vast amounts of vacant seaside land used for agricultural purposes.
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: 0/22111, 0/825
Sheet: 0/2-291-382, 0/2-290-381
Quarter: -
Block: 7
Parcel: 10, 15
Zone: Τ2β1α
VAT: Yes

Areas

Land Area: 12,079m²

Town Planning

Town Planning Zone: Tourist
Building Density: 40%
Coverage Ratio: 20%
Max Floors: 3
Max Height: 13.1m

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