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Shop for sale in Paphos Municipality, Paphos

Paphos Municipality, Paphos, Cyprus
Shop for sale in Paphos Municipality, Paphos 1770 Paphos Municipality
2260000 €2,260,000  ($2,370,630)
Shop
Paphos Municipality, Paphos

€2,260,000  ($2,370,630)

Elit Blue

Elit Blue

Reg. No: 1009 / License No: 460/E

You can tour this property via live video chat. We perform video walkthroughs while you are on the line via your favourite mobile chat app (Whatsapp or Viber). Request a viewing now.

BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $82,972

Average Bank Rate (€2,260,000)
1 USD = 0.9211 EUR
$2,453,602

Mid-market rate (€2,260,000)
1 USD = 0.9533 EUR
$2,370,630

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: 1058192 (5684)

Description

A commercial mixed-use contemporary building located in Koritsas Avenue on the main commercial area of Ayios Theodoros Quarter, Paphos, ideally situated close to a plethora of amenities and services, next to the district court and close to the "Kings Avenue Mall“. The property for sale consist of two shops located on the ground floor (with a mezzanine) of the building, well known as Athinodorou Business Centre (ABC), as well as 65 underground parking spaces allocated to the shops. The parking spaces are leased to the public, generating additional income. The shops are leased to well known tenants.

Key benefits: No transfer fees / Excellent Location / Well-known tenants

Potential Gross Yield - 5.8%

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
€4,428 ($4,644)
If buying on joint names
€4,428 ($4,644)
Transfer fees
If buying as an individual
€87,000 ($91,259)
If buying on joint names
€83,600 ($87,692)

Disclaimer - Property reference 1058192. 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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