Commercial Building for sale in Kiti, Larnaca

Ground floor building with a mezzanine in the center of Kiti Community, situated at a distance of 260 meters (approx.) southeast of Panagia Aggeloktisti church. The area of the property is characterized by residential development and is situated close to numerous amenities and services such as schools, cafes, banks etc.The property abuts on Lazarou Petrou and Kiti streets with a total frontage of 50 meters (approx.). The building was constructed in the 1980’s and it was renovated in 2017. it is in satisfactory state of condition and it operates as a gym.The area of the ground floor is 265 sq.m (approx.), the mezzanine 105 sq.m (approx.) and the plot 580 sq.m (approx.).The property is rented for €1000/month and a yield 5.5%. 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. 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: Larnaca Municipality: Kiti