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Commercial Building for sale in Omonoia, Limassol

Omonoia, Limassol, Cyprus
Commercial Building for sale in Omonoia, Limassol 89 Omonoia
Offers in the region of
840000 €840,000  ($879,635)
Commercial Building
Omonoia, Limassol
Offers in the region of

€840,000  ($879,635)

SOLD
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $30,787

Average Bank Rate (€840,000)
1 USD = 0.9226 EUR
$910,423

Mid-market rate (€840,000)
1 USD = 0.9549 EUR
$879,635

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: 823586 (118297)
  • Total covered area: 302 sqm
  • Plot: 889 sqm
  • Resale built in 1991

Description

The properties for sale are a ground floor building with mezzanine and a plot in a central location in Omonoia Quarter in Limassol Municipality. They are located on Pafos avenue, at a distance of 320 meters (apporx.) southeast of the Pafos-Omonoias avenues junction and they are considered as a unified property. They are ideally situated close to an abundance of amenities and services such as supermarkets, banks, shops, bakeries etc. It is considered as a lively location with intense mobility throughout the day. In addition, the properties have excellent access to the Limassol city center.The building was constructed around 1992 and it is used as an exhibition space. Its level of construction and maintenance is good and it consists of unified exhibition area and a WC in the ground floor. The mezzanine consists of two offices, a unified space and a WC. The area of the ground floor is 302 sq.m (approx.) and the mezzanine 106 sq.m (approx.). The parcel falls within the planning zone of Εβ4. It is important to note that the building density factor allows the development of a four-storey building.The plot is used for parking purposes. It has a rectangular shape and it abuts onto Isokratous street along its southwestern boundary with a frontage of 23 meters (approx.). The property falls within the planning zone Κα4.The properties are rented for €2970/month and a yield of 4.2%.  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: Limassol Municipality Quarter: Omonoia

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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
€1,588 ($1,662)
If buying on joint names
€1,588 ($1,662)
Transfer fees
If buying as an individual
€30,200 ($31,625)
If buying on joint names
€26,800 ($28,065)

Disclaimer - Property reference 823586. 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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