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Commercial Building for sale in Limassol Municipality, Limassol

Limassol Municipality, Limassol, Cyprus
Commercial Building for sale in Limassol Municipality, Limassol 3705 Limassol Municipality
Offers in the region of
290000 €290,000  ($312,486)
Commercial Building
Limassol Municipality, Limassol
Offers in the region of

€290,000  ($312,486)

SOLD IN 6 DAYS
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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In high demand!
Compared currency flag Pay in USD and save up to $10,937

Average Bank Rate (€290,000)
1 USD = 0.8967 EUR
$323,423

Mid-market rate (€290,000)
1 USD = 0.9280 EUR
$312,486

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 952078 (124222)
  • Total covered area: 133 sqm
  • Plot: 266 sqm
  • Resale built in 1992

Description

The property for sale is a commercial ground floor building with mezzanine level, in a central location in Kato Polemidia Municipality of Limassol District. It is situated in a prominent location, Marinou Geroulanoy Str., at a distance of approximately 400 meters northwest from Agios Ioannis Lyceum and approximately 150 meters southeast from Spyrou Kyprianou Avenue.The building is placed within a plot with a regular shape, a frontage along its north-eastern border of approximately 15 meters and falls within the planning zone Εβ5, which allows the construction of a three-storey building.The building consists of a shop on the ground floor that is currently "mini market" and a butcher shop. Its mezzanine has been converted into two one-bedroom apartments. The mezzanine level consists of a WC.The area of the internal space of the shop is 133 sq.m. (approx.) and the mezzanine at 65sq.m. approximately. The building was constructed around 1990 The shop is rented for €1,200/month, with a yield at approximately 5%. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Kato Polemidia Quarter: Makarios ΙΙΙ

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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.

Stamp Duties
If buying as an individual
€488 ($525)
If buying on joint names
€488 ($525)
Transfer fees
If buying as an individual
€8,200 ($8,836)
If buying on joint names
€5,550 ($5,980)

Disclaimer - Property reference 952078. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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