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Future-proof your portfolio with kapparis apartments

Famagusta, Kapparis
Posted: 30.08.2025 11:48 Ad ID: 5966284
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  • Reference number: 3790
  • Area: 800 m²
  • Type: Mixed use
  • Condition: Resale
  • Plot area: 1851 m²
  • Included: Parking
  • Postal code: 5290
  • Energy Efficiency: N/A
  • Square meter price: €1.500 /m²
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1991-built apartment block that sits on a spacious 1,851 m² plot in the Εβ7 planning zone, offering substantial development potential.

Building Density: 90%

Coverage Ratio: 50%

Max Height: 10 meters

Max Floors: 2

Two investment strategies to suit different investor profiles:

Renovate existing units, including shop-to-apartment conversions, for fast rental income.

Renovate existing units and build additional apartments using remaining building density, maximizing long-term return on investment.

Located in the highly sought-after Kapparis area, just a 10-minute walk from the nearest beach and within steps of bus stops, shops, restaurants, and pubs that operate year-round. The main road in front of the project is currently undergoing upgrades, including new pavements, dedicated bicycle lanes, and improved street lighting, enhancing accessibility and appeal.

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Run a full technical and legal real estate check today
  • Technical inspection:
    HOMESURV
    +357 22 377 004
  • Legal inspection:
    CTA LAW FIRM C.T. Antoniou & Co LLC
    + 357 22 516 838
  • Technical inspection:
    SQUARE ARCHITECTS
    +357 99 592 218
  • Legal inspection:
    M.PARASCHOU LAW Advocates & Legal Consultants
    +357 22 622 262
  • Technical inspection:
    HOME CHECK
    +357 96 504 296

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1.200.000
€1.500/m²
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PLUS WISE ESTATES LTD PLUS WISE ESTATES LTD
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Posting since jul, 2023

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