Full Description
This property concerns a mixed-use building situated in the heart of Paralimni, within the Famagusta District of Cyprus. The asset enjoys a strategic location approximately 500 metres from Paralimni Lake and 1 kilometre from Tasos Markou Stadium, ensuring good accessibility and visibility.
The ground floor consists of a retail shop with an internal area of approximately 60 m². It features an open-plan layout suitable for product display or customer service, along with a kitchenette and a toilet, making it ideal for small commercial use.
The first floor accommodates an office space with an internal area of 53 m², complemented by a 7 m² covered veranda. The office includes a kitchenette and a toilet, providing a functional and comfortable working environment.
The total covered area of the building amounts to approximately 120 m², set on a plot of 84 m². The surrounding area is characterized by a mix of residential and commercial developments, supporting steady demand for both retail and office use.
The property was constructed in 1970 and falls under Town Planning Zone ??8G, allowing for up to four floors, a maximum building height of 14.30 metres, 140% building density, and 70% coverage ratio—offering future development potential, subject to planning approval.
Energy Performance Classification is Class C for the ground floor and Class E for the first floor. The property is partly occupied and is owned by Gordian Holdings Limited.
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