EXCELLENT INVESTMENT OPPORTUNITY
The selling price is €1.200.000,- and includes the value of the building.
Land is 1.245 square meters.
Building as stands today is approximately 1.381 square meters.
Land Registry 01/01/2013 valuation is €2.302.400.
Valuation indicated a value of €1.500.000.
If clear land is preferred the building can be demolished.
The property is located on the main Limassol central avenue, exactly at the crossroads of the four main streets:
Arch. Makarios III Avenue and Pafos Avenue, Misiaouli & Kavazoglou and Vasileos Pavlou.
This is a building with:
Ground Floor: 8 shops in the front and rear public roads and side of the building.
Mezzanine Floor: for all the 8 shops.
This location is in the middle of four different building zones and a proposed building therein will benefit also from that.
The front of the building is in building zone of 140% and around it are zones of 120%, 180% and 210%.
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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