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Mixed Used Building in Paralimni area, Nicosia. The property is situated in a central location close to all necessary amenities and services. In addition, it has excellent accessibility to the motorway and the neighboring villages and municipalities. The lovely residential neighborhood is quiet and family orientated surrounded by large luxury houses and residential properties.
The building was constructed around the year 1988 and on site comprises of an office unit and four flats. It is situated on a parcel with total land area of 987smq that according to the new Local Plan of Paralimni (2024) falls within commercial and residential zone (Eb5 & Ka8). The total building internal space area is 275sqm (approx.) and the covered verandas are 55sqm (approx.).
It is noted that the whole building is rented for €1000/month.
The building has a building permit that refers to a cafeteria, two shops and two flats. 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.
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