Office in a unique location in Agioi Omologites Quarter in Nicosia Municipality, at a distance of 250 meters (approx.) southwest of Archbishop Makariou III and Spyrou Kyprianou avenues junction. The property is ideally situated close to a plethora of amenities and services such as shops, supermarkets, restaurants, cafes etc.It is an excellent location which designates an increased demand for offices due to its central location and accessibility.The office is located on Archbishop Makariou III avenue on the 5th floor of a building named “IRIS TOWER”. The level of construction and maintenance is good. The office has recently been fully renovated. It consists of office spaces, reception, kitchen, hygiene spaces, (men and women) 2 storage spaces and a server room. The area of the internal spaces is 427 sqm (approx.).The fact that the property is located within the center of Nicosia is considered as an advantage. In addition, the property has acquired a separate title deed which adds to its value. The property is rented for €3850/month with a yield of 6.1%. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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: Nicosia Municipality Quarter: Agioi Omologites Unit No: 502
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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