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The property for sale is a mix use building which consists of a restaurant and a ground floor house in Famagusta District. Situated approximately 300m east from Derynias Gymnasium and abuts onto the connection road Sotiras - Derynias. The immediate vicinity of the property consists of empty agricultural fields and some individuals houses. The property for sale represents the 1/2 share that located on the southern part of the property and has a land area of 2,747m2. The restaurant was renovated recently and consist of a large dinning area, 2 kitchens, a storage and toilets. Total building area is 570 m². The house located next to the restaurant and consists of sitting room, kitchen, 2 bedrooms and a bathroom. The house is rented and has total area of 100m2. The property has all the relevant permits and is an ideal investment that can be used as business or for private use as well. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer. Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. Tenders submitted for an Amount below the Reserve Price shall be rejected. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Famagusta Municipality: Deryneia
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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