Mixed Use Project for sale in Kato Paphos, Paphos

Two-storey building in a central location in Kato Paphos Quarter in Paphos Municipality, at a distance of 885 meters (approx.) southeast “Kings Avenue Mall” and 510 meters (approx.) north of “Almyra Hotel”.The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, cafes, shops etc. In addition, it enjoys excellent access to the town center and Kato Paphos tourist area.The building comprises of two restaurants on the ground floor. The 1st floor consists of a one-bedroom and a two-bedroom apartment. Their level of construction and maintenance is satisfactory.The area of the restaurant 0/40037 is 111 sqm, the restaurant 0/40038 is 70 sqm, the apartment 0/40339 is 49 sqm and the apartment 0/40040 is 75 sqm. The restaurant 0/40038 has a basement of an area 63 sqm. All units are vacant.The property is considered as an appealing investment opportunity.The units have acquired energy efficiency certificates: 0/40037 - Category Γ0/40038 - Category Δ0/40039 - Category Ε0/40040 - Category ΕThe property falls within commercial planning zone ΕβBuilding Density Coefficient 80%Building Coverage Coefficient 45%Maximum Floors 2Maximum Height 10m THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Paphos Municipality: Paphos Municipality Quarter: Kato Paphos