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Industrial Building
Tombs Of The Kings, Paphos
Offers in the region of

€592,000  ($687,067)

Bank Owned Property
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 1221370 (altia1817)
  • Total covered area: 260 sqm
  • Plot: 5352 sqm

Description

\"Properties listed with a Reserve Price indicate that the Seller reserves its right to not accept offers below the specified price. All offers must exceed the Reserve Price. While lower offers may be submitted, they are unlikely to be considered by the Seller.\"

The property under consideration is a commercial building in Mouttalos, Dimos Pafou, Paphos. The share of sale is 20% which corresponds to Block 1 (commercial building), located on the north-eastern edge of the parcel.

The ground floor consists of a dining area with an auxiliary area.The mezzanine comprises of an auxiliary area which has been converted into an apartment. Furthermore the first floor consists of a roof-garden and an over-flow swimming pool, bar and fencing.
In addition the property offers a basement that is used as a kitchen, two auxiliary rooms, storage area, toilets and pantry.

The asset is lcoated approximately 175m east of Tomb of the Kings Avenue, approximately 1.2km from the beach, approximately 2km from Paphos city centre and B7 motorway

The property falls within Zone \u039a\u03b17, with a building coefficient of 80%, coverage of 45%, and permission for 3 floors (13.5m) of construction.

Energy Category: C

GPS coordinates: 34.777308 32.410094","locale":"en"}],"disclaimer":[{"value":["The property is owned by Eurobank Limited.","The sale of the property, which comprises of a property share is subject to the right of first refusal granted to co-owners under section 25 of the Immovable Property (Tenure, Registration and Valuation) Law, Cap. 224.","The highlighted colored area on photos is used only for identification purposes and may not reflect the actual area.","Prior to submitting a tender for the property, we recommend that you seek independent advice regarding any legal matter, any applicable transfer fees and VAT.

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€20,280 ($23,537)
If buying on joint names
€16,880 ($19,591)

Disclaimer - Property reference 1221370. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.