Property 5380 Deryneia, Famagusta / B-98688

Residential Building For Sale In Deryneia, Famagusta, With Office And Apartment Space.

-61%

Opportunity!

Why is this Property Classified as an Opportunity?

Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.

Famagusta Indicative Price

2,775.03 €

This Property

1,083.33 €

For Sale • Deal

195,000€

Estimated Mortgage

/month

180

183

Plot m2

Overview

Community

Deryneia

Property Type

Building

District

Famagusta

Covered/Built m2

180 m2

Plot m2

183 m2

Property Description

The building on offer is located in the commercial center of Deryneia. The building includes an open plan retail or office space with a water closet and a small kitchenette on the ground floor, and an apartment on the first floor. The apartment was previously used as an office and comprises of a kitchen, a WC/shower, and an uncovered veranda. The building is accessible via an external staircase from the side.

Deryneia has experienced significant development in the last two years. The building is situated on Elefterias Avenue, which is the main commercial street of Deryneia and intersects with 1st April Avenue of Paralimni, the largest commercial street in the area. The area has many commercial properties, businesses, and public facilities. The property is zoned as EB (Residential), with a building density of 90%, coverage of 50%, and a maximum height of 10m over 3 floors.

The property is unfurnished and is considered an investment property.