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Commercial Development for sale in Geroskipou, Paphos

Geroskipou, Paphos, Cyprus
Commercial Development for sale in Geroskipou, Paphos 118 Geroskipou
Offers in the region of
380000 €380,000 ($407,747)
Commercial Development
Geroskipou, Paphos
Offers in the region of
€380,000  ($407,747)
SOLD IN 6 DAYS
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $14,271

Average Bank Rate (€380,000)
1 USD = 0.9004 EUR
$422,018

Mid-market rate (€380,000)
1 USD = 0.9319 EUR
$407,747

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 954700
  • Bedrooms: 6
  • Bathrooms: 6
  • Total covered area: 381 sqm
  • Plot: 374 sqm
  • Resale built in 2009

Description

Three-storey incomplete block of flats in the heart of Geroskipou Municipality in Paphos District, at a distance of 170 meters (approx.) northwest of Geroskipou Town Hall and 65 meters (approx.) north of Archbishop Makareiou III avenue.The property is  ideally situated close to a plethora of amenities and services such as supermarkets, schools, restaurants, shops, bakeries etc. In addition, it enjoys excellent access to the town of Paphos.The building remains incomplete and the construction works are about 50% complete. It consists of a basement, ground floor and two upper floors.The basement consists of  parking spaces and storages. Each of the above floors consists of a one-bedroom apartment and a two-bedroom apartment.The total area of the building is 381 sqm (approx.) and the basement 298 sqm (approx.).The property is considered as an appealing investment opportunity. 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: Paphos Municipality: Geroskipou Quarter: Geroskipou

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Buying expenses

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.

Stamp Duties
If buying as an individual
€668 ($716)
If buying on joint names
€668 ($716)
Transfer fees
If buying as an individual
€11,800 ($12,662)
If buying on joint names
€8,400 ($9,013)

Disclaimer - Property reference 954700. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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