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Mixed Use Project for sale in Geroskipou, Paphos

Geroskipou, Paphos, Cyprus
Mixed Use Project for sale in Geroskipou, Paphos 343 Geroskipou
Mixed Use Project
Geroskipou, Paphos
OFF THE MARKET
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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In high demand!
Compared currency flag Pay in USD and save up to $12,365

Average Bank Rate (€330,000)
1 USD = 0.9025 EUR
$365,665

Mid-market rate (€330,000)
1 USD = 0.9341 EUR
$353,299

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: 1029041 (123335)
  • Total covered area: 201 sqm
  • Plot: 561 sqm
  • Resale built in 1985

Description

Mixed-use building in Geroskipou municipally of Paphos district. The property has a corner location and it is facing on Griva Digeni Avenue and Dimitris Georgiou street at a distance of 250 meters (approx.) east of  Agios Spyridonas street. The property is located close to numerous services and amenities and it has excellent access to the city center,  the main city routes and the motorway. The building is constructed around the year 1986 and consists of 3 shops on the ground floor and a flat on the mezzanine. It has also covered parking space on the ground floor. It needs to be note that the two shops (No 1 & 2) have been unified and they operate as a single entity.  The unified shop comprises on the ground floor of a customer service area, two toilets and two separate spaces on the mezzanine. It has internal area of 70sqm plus 36sqm mezzanine. The shop is rented for €530/month.The shop (No 3) is operates as garage services and on the ground floor consist of a customer service area, toilet and an office spaces on the mezzanine. It has internal area of 31sqm plus 15sqm mezzanine. The shop is rented for €200/month.The flat on the mezzanine consists of siting/living room, kitchen with dining area, two bedrooms, bathroom with toilet and covered verandas. Internal area of the flat is 100sqm (approx.). The shop is rented for €350/month.It is noted that the whole building is rented with total income of €1.080/month and it is considered as an ideal choice for investment. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. 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.  - - - - - - - - - - - - - District: Paphos Municipality: Geroskipou Quarter: Geroskipou

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Disclaimer - Property reference 1029041. 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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