Two-storey building in an excellent location in Apostle Petrou & Pavlou Quarter in Limassol Municipality. It is located on Archbishop Makariou III at a distance of 600 meters (approx.) southwest of Laniteio School.The property is situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition, it enjoys excellent access to the Municipality center and the motorway.The building comprises of two shops and an office on the ground floor and an apartment on the 1st floor. The area of the ground floor is 290 sqm (approx.) and the 1st floor 165 sqm (approx.). The building is rented for €4510/month and a yield 3.9%.The property falls within commercial zone Εβ2 which allows the construction of a six-storey commercial or mixed-use building.The property is subject to a road widening of an area of 125 sqm (approx.). 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: Limassol Municipality: Limassol Municipality Quarter: Apostolou Petrou & Pavlou
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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