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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
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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