€1,100,000 $1,147,300
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Pay in USD and save up to $40,155Key features
- Listing ID: 848002 (121349)
Description
Two-storey building in a good location in Livadia Municipality in Larnaca District, at a distance of 940 meters (approx.) south of the motorway and 690 meters (approx.) north of the Municipality center.The property is located on Makariou avenue and ideally situated close to numerous amenities and services. In addition, it has excellent access to the town of Larnaca, the Oroklini tourist area and the motorway.The building was constructed 15 years ago (approx.), it is in a very good state of condition and consists of a ground floor shop, one upper floor with offices and a basement with parking spaces.The area of the shop is 472 sqm (approx.), the floor 305 sqm (approx.) and the basement 625 sqm (approx.).The building is rented to a bank with a rent of €5.000/month and a yield 5.4%.It is considered as an appealing investment opportunity. 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: Livadia
Buying expenses
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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