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Commercial Development for sale in Paphos Municipality, Paphos

Paphos Municipality, Paphos, Cyprus
Commercial Development for sale in Paphos Municipality, Paphos 1823 Paphos Municipality
Offers in the region of
1450000 €1,450,000  ($1,576,802)
Commercial Development
Paphos Municipality, Paphos
Offers in the region of

€1,450,000  ($1,576,802)

SOLD
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $55,188

Average Bank Rate (€1,450,000)
1 USD = 0.8885 EUR
$1,631,990

Mid-market rate (€1,450,000)
1 USD = 0.9196 EUR
$1,576,802

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: 877432 (120329)
  • Total covered area: 3569 sqm
  • Plot: 11547 sqm

Description

Incomplete development in a quiet and attractive location in Agios Theodoros Quarter in Paphos Municipality, at a distance of 500 meters (approx.) southeast of Paphos Town Hall and 110 meters (approx.) south of Georgiou Griva Digeni avenue.The property is ideally situated close to an abundance of amenities and services such as supermarkets, shops, restaurants, schools etc. In addition, it enjoys excellent access to the Paphos town center and the motorway.The property is part of a development named "Meteora Project" which consists of 38 units. The property for sale corresponds to 30 units. Specifically, it consists of 4 incomplete apartments and 2 incomplete maisonettes. In addition, according to the architectural plans there are 22 maisonettes, 2 shops and a common space for which the construction works have not started.The houses and the maisonettes consists of 3 bedrooms and the 4 apartments consists of 2 bedrooms.The property has acquired a planning permit.The property is considered as an appealing investment opportunity. It needs to be noted that the houses with numbers 1,2,3,5,20,21,22 and a large part from plot 6 are not for sale.   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

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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.

Stamp Duties
If buying as an individual
€2,808 ($3,053)
If buying on joint names
€2,808 ($3,053)
Transfer fees
If buying as an individual
€54,600 ($59,375)
If buying on joint names
€51,200 ($55,677)

Disclaimer - Property reference 877432. 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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