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Mixed Use Project for sale in Latsi, Paphos

Latsi, Paphos, Cyprus
Mixed Use Project for sale in Latsi, Paphos 66 Latsi
Offers in the region of
4300000 €4,300,000  ($4,598,635)
Mixed Use Project
Latsi, Paphos
Offers in the region of

€4,300,000  ($4,598,635)

UNDER OFFER
Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $160,952

Average Bank Rate (€4,300,000)
1 USD = 0.9034 EUR
$4,759,588

Mid-market rate (€4,300,000)
1 USD = 0.9351 EUR
$4,598,635

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: 1113789 (altia1111)
  • Total covered area: 134 sqm

Description

Mixed use building complex consisting of three shops, two restaurants, six apartments and one nightclub.
The first shop (No.8) is located on the ground floor with a mezzanine and has a right of use of yard No 13. The second shop (No.7) is located on the ground floor with a mezzanine and has a right of use of yard No 14 and the third shop (No.2) is located on the ground floor with a mezzanine. Furthermore one of the restaurants (No.3) is lcoated on the ground floor with mezzanine and has a right of use of yard No 18. The second restaurant (No.1) offers a mezzanine on ground floor and a right of use of yard No 20.
All six apartments are comprised of uncovered verandas, a kitchen, a living area, two bedrooms and a bathroom. Additionally the property offers a nightclub below apartment no. 15.

The asset is located approx. 50m south of Latsi seaside.

This property consists of:

All eleven properties with registration numbers 0/11178, 0/11180, 0/11184, 0/11185, 0/11186, 0/11188, 0/11189, 0/11192, 0/11193, 0/11194, 0/11195, extending to approximately 7.820 sq.m. in total and falls within Zone Τ3α1, with a building coefficient of 40%, coverage of 25%, and permission for 2 floors (10m) of construction.

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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
€8,508 ($9,098)
If buying on joint names
€8,508 ($9,098)
Transfer fees
If buying as an individual
€168,600 ($180,309)
If buying on joint names
€165,200 ($176,673)

Disclaimer - Property reference 1113789. 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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