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Investment Property in Paralimni

#AT2172

€ 199,000

Famagusta, Paralimni

Overview

  • Bath Rooms 2
  • Plot 0
  • Area Size 191
  • No

Mixed use development for sale in Paralimni, Famagusta

Located in the southeastern corner of Cyprus, Paralimni serves as the thriving year-round administrative heart of the free Famagusta district, seamlessly blending traditional Cypriot culture with modern amenities. While offering a relaxed, family-friendly residential lifestyle with lower living costs, it sits just minutes away from the world-class sandy beaches of Protaras and the vibrant coastal atmosphere of Ayia Napa

Build year: 1990
Separate title deed available

The property consists of:
Build: 191 m2
Uncovered veranda: 173 m2

Energy rating D

The asset is a retail unit, formerly a pub, located on Protaras Avenue in Paralimni, Famagusta. This asset includes seven designated uncovered parking spaces and features a covered area of 147 square meters, a 173 square meter uncovered balcony, and a 45 square meter mezzanine. All these areas are fully covered by the relevant permits and are documented in the Title Deed. The asset has a separate Title Deed.

The retail unit is part of a mixed-use development consisting of seven complexes, which together comprise 13 shops, 2 restaurants, and 137 apartments. The unit itself features a veranda with a pergola, an open-plan ground floor space, a mezzanine, a storage room, and restroom facilities.
The asset is located in Protaras avenue 249, it is located approximately 300m west from Agias Triadas roundabout and approx. 1klm east from Paralimni.