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The property for sale is part of a commercial building (3 shops) in a lively and central location in Katholiki Quarter of Limassol Municipality. It is facing on Ellados street at a distance of 280 meters (approx.) southwest of “TEPAK” central building and 400 meters (approx.) north of the coastline (Limassol old port).The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition the property has excellent access to the Municipality Center, the Limassol Promenade and to Limassol Marina. It is an excellent location with intense mobility throughout the day which designates an increased demand for commercial properties.It is a ground floor building that consists of 3 adjacent shops (south, central, north) and outside there is a yard o the eastern part of the property. The shop (south) is vacant and it compromises of a ground floor level of approximate 32sqm and mezzanine of approximate 6 sqm.The central shop is approximate 82sqm and it is rented for €205/month.The northern shop is approximate 130sqm and it is rented for €400/month.It is noted that the property for sale is the 1/2 undivided share of the above commercial building. The share for sale has a total rental income of €302,5/month. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. 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. - - - - - - - - - - - - - District: Limassol Municipality: Limassol Municipality Quarter: Katholiki
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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