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Pay in USD and save up to $8,985Shop with mezzanine level, in a central location in Kato Paphos Quarter, in Paphos Municipality. It is situated in a prime location, abuts onto Othellos Street, at a distance of approximately 80 meters northeast of Possidonos Avenue (Alexander The Great Hotel) and approximate 1,1km east of Paphos Harbor.The shop located on the ground floor of the building that constructed around 1995 and its level of maintenance is good. It consists of an open plan area and toilets on the ground floor where the mezzanine floor consists of auxiliary areas. The shop has internal area of 109sqm (approx.) and the mezzanine level is 78sqm (approx.). It has also exclusive right of use of a yard that situated in front of the shop of approximate 59sqm (approx.). In addition, it has the right of use of 6 covered parking space and 2 storage rooms of 24sqm (approx.) on the basement. It is important to note that the property has separate title deed.The shop is rented for €750/month with yield of about 3.5%. 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: Paphos Municipality Quarter: Kato Paphos
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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