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Sale of a commercial building, located in Apostoloi Petrou & Pavlou area, Limassol. The building is located approximately 500 meters from B8 motorway and 2.5 km from Limassol Marina. The property is partially rented to a major local banking institution, covering part of the basement, whole ground floor and mezzanine. The building has 7 levels, constituted of a basement, a ground floor with a mezzanine and five floors. The ground floor and mezzanine consist of a reception area, offices, kitchen, storage room, ATMs and toilets. Ground floor enclosed area is 708 m2 and mezzanine is 290 m2. The first to third floors have similar lay out and consist of open plan office spaces, kitchen, server rooms, storage rooms, toilets and other auxiliary spaces. All three floors have an enclosed area 355 m2. The fourth floor has a similar layout with the first three but is much larger with an enclosed area 510 m2. The fifth floor consists of reception area, conference rooms, file room, toilets and offices and has an enclosed area 212 m2. The basement consists of 20 parking spaces for the whole building and a strong room utilized by the retail bank operating on the ground floor.
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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