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Residential Development for sale in Panagia, Paphos

Panagia, Paphos, Cyprus
Residential Development for sale in Panagia, Paphos 11 Panagia
Offers in the region of
330000 €330,000 ($343,678)
Residential Development
Panagia, Paphos
Offers in the region of
€330,000  ($343,678)
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 $12,029

Average Bank Rate (€330,000)
1 USD = 0.9277 EUR
$355,707

Mid-market rate (€330,000)
1 USD = 0.9602 EUR
$343,678

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: 822707
  • Total covered area: 415 sqm
  • Plot: 548 sqm
  • Resale built in 2008

Description

The property for sale is an incomplete residential building which lies within the administrative boundaries of Pano Panagia village, in Paphos District. It is located in 'Siriza' locality, approximately 150m. east of the central square of the community and about 150m. southeast of Vouni-Panagia winery. The building is located on a hill, has unobstructed view to the surrounding area and comprises of a ground floor house and an upper level duplex house.The ground floor house consists of an open plan kitchen with sitting and dining area, guest WC, shower with WC, two bedrooms and uncovered verandas. The ground floor house has a total covered area of 102sq.m. plus 66sq.m. uncovered verandas. On the ground level there is also a communal area of 177sq.m. which comprises of covered parking space, storage rooms, provision for lift and staircase that leads to the first floor.The duplex house on the first floor consist of an open plan kitchen with sitting and dining area, office, shower with WC and internal staircase leads to the second floor which consists of kitchenette/utility room, sitting area and three bedrooms. Note that all the bedrooms have shower/bathroom en-suite and access to uncovered veranda. The upper level house has a total covered area of 313sq.m. plus 22sq.m. covered verandas and 245sq.m. uncovered verandas.The land area is 548sq.m and it abuts onto a public green area along its northern and eastern boundaries. The construction works of the building began in 2008 before stopping a few years later. 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: Pano Panagia

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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
€568 ($591)
If buying on joint names
€568 ($591)
Transfer fees
If buying as an individual
€9,800 ($10,206)
If buying on joint names
€6,550 ($6,821)

Disclaimer - Property reference 822707. 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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