Commercial building in Agios Fanourios quarter of Aradippou Municipality. It is situated at a distance of 1 km northwest of GSZ Stadium and 280 meters south of “LIDL” supermarket. The area of the property designates a plethora of amenities and services such as supermarkets, schools, shops etc. In addition, it has excellent access to the motorway and the city of Larnaca.The building consists of a ground floor showroom, a mezzanine, two upper floors with office spaces and a basement.The ground floor area/showroom is 400 sqm (approx.) plus 200sqm the mezzanine and 700 sqm the basement. The 1st and 2nd floor of the building has total area of 700sqm.It is noted that the ground floor and the mezzanine level is rented for €2000/month while the rest of the building is vacant. By renting out all the units of the building, the property can offera high yield of over 5%. 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: Larnaca Municipality: Aradippou Quarter: Agios Fanourios
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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