€290,000 $303,761
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Pay in USD and save up to $10,632Key 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
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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