Details

Two-storey block of flats in Paralimni Municipality, in Famagusta District.

The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, cafes etc. In addition, it enjoys excellent access to the neighboring Municipalities and the “Protaras” tourist area.

The building was constructed around the year 2010 and it comprises of a piloti with parking spaces and one (1) ground floor flat, two (2) flats on the 1st floor and two (2) flats on the 2nd floor.

The building has in total five (5) flats that have similar design and layout which consist of kitchen, living room, bathroom, two bedrooms and covered/uncovered verandas. It is noted than each flat has exclusive right of use of one covered parking space and a storage room on the ground floor.

The internal area of flats is varying from 81sqm – 91sqm approximately and the covered verandas are varying from 20sqm – 30sqm. It is noted that the flat No. 202 it has also a roof garden of approximately 50sqm.

The total internal space area is 434sqm (approx.), the covered verandas are 88sqm (approx.) and the uncovered verandas are 74sqm (approx.).

The property has separate title deed.

It is noted that two flats (No. 001 & 202) are vacant, one flat (No. 102) is rented while two flats (No. 101 & 201) are occupied.

The key advantage of this property is that that the whole building is being sold and it is considered as an ideal choice for investment with potential for high income.