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Mixed Use Project for sale in Kissonerga, Paphos

Kissonerga, Paphos, Cyprus
Mixed Use Project for sale in Kissonerga, Paphos 23 Kissonerga
Offers in the region of
350000 €350,000 ($378,881)
Mixed Use Project
Kissonerga, Paphos
Offers in the region of
€350,000  ($378,881)
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 $13,261

Average Bank Rate (€350,000)
1 USD = 0.8925 EUR
$392,142

Mid-market rate (€350,000)
1 USD = 0.9238 EUR
$378,881

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: 967417
  • Plot: 3122 sqm
  • Resale built in 2013

Description

Two-storey mix-use building (share) in Kissonerga community of Paphos District. It is facing Kissonergas Avenue (Paphos – Pegeia seaside road) at a distance of 700 meters (approx.) west of the community center and 100 meters (approx.) east of the local beach.It is ideally situated on one of the busiest streets of the area during summer period. In addition, the property is located close to numerous services and amenities and has excellent access to the beautiful beaches of the surrounding area. In the nearby vicinity there are many touristic developments.According to the distribution agreement the share for sale (13/30) corresponds to the north part of the building (2 shops on the ground floor and an incomplete flat on the 1st floor) plus the northern empty field (part A) as specified with green color in the drawing.The two shops on the ground floor are identical and each shop has an internal area of 43sqm plus 21sqm mezzanine. It is noted that shop No. 1 is vacant and shop No. 2 is rented for €400/month.The flat is incomplete but in an advance stage as brickworks and part of the electrical works are completed. Internally, consists of an open plan sitting area, dining with kitchen area, one bedroom and a toilet with a shower. The internal area of the flat is 49sqm (approx.) and the uncovered veranda is 63sqm (approx.).The empty northeast part (field – part A) of the property has a rectangular shape, a slight sloping topography and offers partial view to the surrounding area. The field has an area of approximate 780sqm. The building is considered as an ideal choice for investment. THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY, UNLESS OTHERWISE SPECIFIED 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. 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. District: Paphos Municipality: Kissonerga

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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
€608 ($658)
If buying on joint names
€608 ($658)
Transfer fees
If buying as an individual
€10,600 ($11,475)
If buying on joint names
€7,200 ($7,794)

Disclaimer - Property reference 967417. 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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