The asset is a mixed-use commercial building in Paralimni, Famagusta located approx. 630m away from 1st. Apriliou Street, Paralimni's main commercial street and close to Deryneia - Paralimni roundabout. The asset is in excellent condition, enjoys great visibility and is ideal for spacious showroom or offices. The asset has a total covered area of 2218sqm and is built within a land area of 5085sqm. In addition the asset includes land area of 1859sqm (parcel 160) that can be used as extra parking space or further development. The asset offers excellent proximity to all amenities.
The asset was acquired by Gordian Holdings Limited within the restructuring framework provided for in the Cyprus tax legislation. We recommend that you seek independent advice regarding any applicable property transfer fees.