Property 5296 Protaras, Famagusta / Epcc1011
Located In The Popular Tourist Resort Of Protaras, This Commercial Property Has The Potential To Be Transformed Into A Spacious 4 Bedroom, 3 Bathroom Apartment
For Sale • Deal
179,000€
Estimated Mortgage
/month
179
m2
Overview
Property Description
Located in the popular tourist resort of Protaras, this commercial property has the potential to be transformed into a spacious 4 bedroom, 3 bathroom apartment with stunning views. The property is in need of renovation but offers a great investment opportunity. With estimated renovation costs of €100,000 and an estimated valuation after renovation of €450,000, this project is ideal for someone looking to create a family home or holiday rental property. The property also includes a 45m2 storage unit, 6 allocated car parking spaces, and is within walking distance to the beach and local amenities.
Protaras is known for its beautiful sandy beaches, coastal boardwalk, and variety of restaurants and shops, making it a popular destination for tourists. This property is suitable for Cyprus Permanent Residency and offers a fantastic location for investment in the tourist market.
Location
50.52 kms
175.10 kms
0.41 kms
0.42 kms
0.50 kms
1.12 kms
1.99 kms
2.24 kms
2.65 kms
2.85 kms
2.92 kms
3.65 kms
4.20 kms
5.00 kms
5.46 kms
5.61 kms
5.87 kms
5.89 kms
5.91 kms
5.97 kms
6.23 kms
6.35 kms
6.56 kms
6.97 kms
7.01 kms
7.23 kms
7.33 kms
7.36 kms
7.55 kms
7.76 kms
8.63 kms
9.83 kms
10.19 kms
10.68 kms
11.30 kms
11.49 kms
11.79 kms
13.52 kms
14.78 kms
17.42 kms
17.55 kms
17.61 kms
6.38 kms
8.33 kms
8.49 kms
10.30 kms
10.69 kms
11.41 kms
19.89 kms
0.41 kms
0.42 kms
0.50 kms
1.12 kms
1.99 kms
2.24 kms
2.65 kms
2.85 kms
2.92 kms
3.65 kms
4.20 kms
5.00 kms
5.46 kms
5.61 kms
5.87 kms
5.89 kms
5.91 kms
5.97 kms
6.23 kms
6.35 kms
6.38 kms
6.56 kms
6.97 kms
7.01 kms
7.23 kms
7.33 kms
7.36 kms
7.55 kms
7.76 kms
8.33 kms
8.49 kms
8.63 kms
9.83 kms
10.19 kms
10.30 kms
10.68 kms
10.69 kms
11.30 kms
11.41 kms
11.49 kms
11.79 kms
13.52 kms
14.78 kms
17.42 kms
17.55 kms
17.61 kms
19.89 kms
50.52 kms
175.10 kms
Pernera Street 1, Shop 4&5, Pernera, Protaras, Paralimni 5296, Famagusta
License 329/E
Transfer Fees
Transfer Fees Individual
3,760 €
Transfer Fees Joint Names
2,775 €
Stamp Duty
266 €