Description
This incomplete property presents an exciting opportunity for further development, with independent rights and a separate title deed already secured. Accessible via a private road, the building includes parking and features four apartments on the ground floor, six apartments on the first floor and approved plans for four additional units on the second floor.
With the concrete structure and brickwork already completed, this project is primed for the next phase of construction. Ideal for investors looking for a high-potential development in a prime location with significant growth prospects.
*Price excludes VAT.
DERYNEIA
Deryneia is a small town in the southeastern part of Cyprus, situated in the Famagusta District. It’s located near the coast, just a few kilometres from the city of Famagusta. The town is notable for its agricultural activities, with fields of crops such as vegetables and fruits being a key part of this economy. In recent years, there has been an increased focus on community development with the town striving to modernize while maintaining its cultural traditions. Its residents are known for their hospitality and the area offers a quiet, rural atmosphere compared to other larger cities. Deryneia is a peaceful town with a strong local identity, offering a mix of traditional Cypriot culture and modern developments. This place is ideal to start an investment or permanent residence.
- Principal and Interest
- Property Tax
- HOA fee
