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Building, mixed-use, fully renovated

Famagusta, Paralimni
Posted: 13.04.2024 21:45 Ad ID: 5157079
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  • Reference number: 17868
  • Area: 502 m²
  • Type: Building
  • Condition: Resale
  • Plot area: 754 m²
  • Online viewing: Yes
  • Construction year: Older
  • Energy Efficiency: In Progress
  • Square meter price: €1.773 /m²
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Mixed-use building for sale in the centre of Paralimni, comprises of eight residential apartments (six one-bedroom apartments, two two-bedroom apartments) and one commercial shop on the ground floor.

- All of the apartments and the shop are currently rented on long term basis with 50,000 Euros NET total rental income per annum.

- Building has been fully renovated 2 years ago and fitted with new electrical appliances and modern furniture

throughout.

- Building density with the new proposed local plan coming into effect in a few months will be increased from 90% to 120% giving the investor the opportunity to construct some more units.

- Plot area: 754.5m²

- Total covered area: 502m²

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