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Apartments Complex in Paralimni

  • €1,115,000

Overview

Property ID: 11116
  • Buildings - Investments
  • Property Type
  • 2006
  • Year Built
  • 1173 m²
  • Area Size

Description

Apartments Complex in Paralimni for sale

The property for sale consists of sixteen flats (4 one-bedroom flats, 10 two-bedroom flats, and 2 three-bedroom flats) in the Municipality of Paralimni, in the district of Famagusta. The property is located approximately 450 meters northwest of Protaras Avenue, approximately 850 meters southwest of Kapparis Avenue, and approximately 1.3 km southwest of the bustling Kapparis Beach.

It is ideally located near a wide range of services and amenities, such as supermarkets, restaurants, cafes, and beach bars. Additionally, the property offers excellent access to the sea, the tourist area of Paralimni/Ayia Napa, and Larnaca Airport.

The flats are a total of 34 units. Specifically, the flats for sale correspond to 16 flats. There are 4 one-bedroom flat, 10 two-bedroom flats and 2 three-bedroom flats.

A final certificate of approval was issued with important notes. Therefore, the way of transfer of the flats will be conducted through an assignment of contract. 

The average internal area of the one-bedroom flats is approximately 47 sqm, of the two-bedroom flats is approximately 71 sqm and of the three-bedroom flats is approximately 80 sqm.

The total internal area is 1173 sq. m, the covered terraces cover 127 sq. m, and the uncovered terraces cover 366 sq. m.

The flats are vacant and are suitable for private use and for short/long term rental with a very good return.

The properties are being sold as a single unit. We do not accept offers for individual units.

Please note that there is an option to acquire 10 additional collateral properties in the complexes, consisting of 1 one-bedroom flat, 6 two-bedroom flats, and 3 three-bedroom flats.

Details

  • Property ID 11116
  • Price €1,115,000
  • Property Size 1173 m²
  • Year Built 2006
  • Property Type Buildings - Investments
  • Property Status For Sale, Resale
  • Condition Resale
  • Units 16

Additional details

  • Covered Veranda 127
  • Uncovered Veranda 366
  • Distance to the Sea 2.5km
  • Distance to the Airport 62km

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All information provided herein has been obtained from sources believed reliable, but may be subject to errors, omissions, change of price, prior sale, or withdrawal without notice. Arena Properties Real Estate and its affiliates make no representation, warranty or guaranty as to accuracy of any information contained herein.

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