30 + Bedrooms Investment in Frenaros, Famagusta

Description

This offering pertains to a 75% ownership stake in a pair of neighboring plots of land in Frenaros. These combined plots span a total area of 8,085 square meters. Positioned at a distance of 630 meters from the heart of Frenaros, they also lie 170 meters away from the Frenaros-Deryneia connecting road. The ownership share encompasses a development involving 18 houses in total. Among these, three residences have been fully constructed and are ready for occupancy. Additionally, there are eight houses that remain partially completed, each at varying stages of the construction process. Lastly, there are seven plots where construction is yet to commence. A well-defined distribution agreement is currently in effect to govern the allocation of these properties.
900 000 €
Property ID 105172
Conditiondition Condition 11+ years old
Year of build Year of build 2024
Plot area Plot area 8085 m2
Covered area square Covered area 1494 m2
Bedroom Bedroom 30 +
Title Deeds
Covered parking
1