Retail shop for sale in Paralimni

The property under consideration is a retail unit (used to be a pub) located in Paralimni, Famagusta (Protaras Avenue). The asset consist of 7 assigned uncovered parkings and contains a covered area of 147sq.m, 173sq.m uncovered balcony and 45sq.m mezzanine, all included in the relevant permits and the Title deed.

The shop consist of veranda with pergola , an open space area on the ground floor, mezzanine , storage room and toilets.

The asset is located in Protaras avenue 249, it is located approximately 300m west from Agias Triadas roundabout and approx. 1klm east from Paralimni.

The property falls within a duel Zone Κα8 (46%), with a building coefficient of 60%, coverage of 35%, and permission for 2 floors (10m) of construction and Zone Εβ7(54%) , with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (10m) of construction.

*The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).