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Pay in USD and save up to $7,488Commercial building in an attractive location in Kato Pyrgos Community in Nicosia District, at a distance of 380 meters (approx.) south of the sea and 1.6 km southeast of the port.The property is situated close to all necessary services. In addition, it enjoys good access to the neighboring communities.The building was constructed in 1990 and its level of construction and maintenance is good. It consists of a reception, customer service area, office space, kitchen and WC’s on the ground floor. The mezzanine consists of a storage space and an office. The building falls within the property 0/4070 and corresponds to the 2/3 shares with a land area of 1572 sqm (approx.). It is located on the southwestern part of the property (as shown with blue color on the drawing). The property has distribution agreement. The area of the ground floor is 90 sqm (approx.), the mezzanine 90 sqm (approx.) and the storage 80 sqm (approx.).The building is rented to a bank with a rent of €540/month and a yield 3.2%. 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: Nicosia Municipality: Kato Pyrgos
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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