€1,650,000 $1,728,489
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Pay in USD and save up to $60,497Key features
- Listing ID: 873992 (119417)
- Total covered area: 1137 sqm
- Plot: 1575 sqm
- Resale built in 1995
Description
Four storey commerical building in an excellent and central location in Agios Theodoros Quarter in Paphos Municipality, at a very close distance southeast of the Paphos District Court and at a distance of 410 meters (approx.) northeast of the Paphos Town Hall.The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes etc. In addition, the property has excellent access to the city centre, the motorway and the tourist area of Kato Paphos.The building is located on the southwestern part of the parcel and it abuts onto Neophytos Nicolaides avenue along its southwestern boundary. It was constructed around 1995 with good quality materials and a classic design. The building comprises of shops on the ground floor and offices on the mezzanine and the upper floors.The area of the internal spaces is 1137 sqm (approx.) and the mezzanine 189 sqm (approx.). It is noted that the property has unexhausted building density factor which can be utilized on the northeastern part of the parcel.Part of the building is rented for €2907/month. 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: Agios Theodoros
Buying expenses
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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