Commercial Building for sale in Agios Nektarios, Limassol

The property for sale is a mix-use building that ideally located on Archbishop Makarios III Avenue in Mesa Geitonia Municipality. The property located 450 meters  south of Spyrou Kyprianou Avenue approximate 700 meters northwest of Lanitio Lyceum.The property located in a prime retail/commercial location while is also ideal for residential use.The building is 40 years old (approx.) and consists of a basement with parking area, a large ground floor shop with mezzanine and four upper floors with eight apartments. On each of the apartment levels there is one two-bedroom apartment and one three-bedroom apartment. The building serve with a communal lift. Total net enclosed area is 1150sqm (approx.).The apartments could also be used as office spaces due to the commercial character of the surrounding area. The property has acquired a Town Planning Permit that allowing the conversion to an office building.An important advantage is that is available as a single property. As such, this is an ideal opportunity to acquire the property for investment purposes and also for private use.Note that the entire building is vacant except of one apartment that is rented. 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: Limassol Municipality: Mesa Geitonia Quarter: Kontovathkia