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Office in an excellent/unique location in Tripiotis Quarter of Nicosia Municipality. The property situated within «Galaxias» Shopping Center that facing Arch. Makariou Avenue just few meters east of the «360ᵒ» building. The building is ideally located close to a plethora of amenities and services such as shops, cafes, restaurants, bakeries etc. In general, it is a location which designates a high demand for offices due to its accessibility and centrality.The office is located on the 3rd floor of a building (block B) and its level of construction and maintenance is very good. It consists of a reception, an open plan office area, toilets, server room and four separate office rooms. The total area of the office is (approx.) 182sqm. It has also exclusive right of use of one covered parking space in the basement of the building.It is noted that the property has a separate title deed.It is rented for €1780/month with a satisfactory yield of 6.7%. It is considered as an appealing investment opportunity.It lies within the Commercial Zone (ΠΕΖ) with a building density of 250% and a coverage density of 70%. 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: Nicosia Municipality: Nicosia Municipality Quarter: Tripiotis Unit No: 304
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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