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Famagusta, Paralimni, Cyprus

€1,115,000
ARENA PROPERTIES, Famagusta
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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.

Famagusta, Paralimni, Cyprus

NEAREST AIRPORTS

Distances are straight line measurements
  • Larnaka(International)
    24.7 miles
  • Ercan(Local)
    29.7 miles
  • Pafos(International)
    89.5 miles

Advice on buying Cypriot property

Learn everything you need to know to successfully find and buy a property in Cyprus.

About ARENA PROPERTIES, Famagusta

Protaras 1, Office 3, Paralimni, 5288

Is a Registered Real Estate Agency in Cyprus covering all the possible property fields associated with Property Estate and Development. We have been Established since 2009 and we operate offices in Famagusta and Larnaca region, whilst we are active in all the other three cities, Limassol, Paphos and Nicosia. Our scope of business includes, Selling Real Estate Property, Permanent Residency and Passport Investment Schemes, Construction and Redesign, Property Management , Maintenance and Long Term Rentals.

We offer an extensive selection of Properties for Sale, including Residential, Buy to Let Holiday homes, Commercial properties and Land ideal for Industrial, Commercial and Residential Development. Feasibility studies can be undertaken for investments, such as property and hotel developments. Furthermore, we are able to undertake the Construction and Management of such projects by our Subsidiary company.

We operate an In-House Long Term Rental Department, which undertakes to fully Manage Properties and maintain a maximum Rental Occupancy.

For those looking to sell their properties, we undertake to Promote and Sell their properties Fast and guide them through the whole selling process.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by ARENA PROPERTIES, Famagusta (reference 11116) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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