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Shop for sale in Paphos Municipality, Paphos

Paphos Municipality, Paphos, Cyprus
Shop for sale in Paphos Municipality, Paphos 765 Paphos Municipality
Offers in the region of
3626000 €3,626,000  ($3,911,855)
Shop
Paphos Municipality, Paphos
Offers in the region of

€3,626,000  ($3,911,855)

SOLD
Bank Owned Property

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Compared currency flag Pay in USD and save up to $136,915

Average Bank Rate (€3,626,000)
1 USD = 0.8956 EUR
$4,048,770

Mid-market rate (€3,626,000)
1 USD = 0.9269 EUR
$3,911,855

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: 828183 (5186)

Description

This three storey building (fitted out as a supermarket) has been erected on four adjacent plots (no. 1237,1238,1239 & 1240). It is located on Athinon Avenue, in Agios Theodoros quarter in central Paphos in close proximity to the Pafiako junction and the Kings Avenue Mall 1.7 km southwest of the A6 roundabout. Along Athinon Avenue a mix of commercial and residential development can be observed with showrooms, shops, offices, apartments and houses. In the nearby area more residential properties can be observed. Due to its location, it offers good accessibility to the rest of Paphos city centre, the nearby beach and the surrounding areas.

The building has a total covered area of 3.149 sqm (including a basement of 925m²) and has been internally configured as a supermarket with the potential for other commercial uses.

Three land plots are used as parking areas (1128, 1129 & 1232). The total land area of all seven plots, is 3.686 m².

The property falls within the following two Planning Zones: 

Commercial zone Εβ4α with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.  

Commercial zone Κα35 with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.

The property, as a unified property, is ideally located within Paphos and is suitable for commercial use or commercial and/or residential development, benefiting from high volumes of traffic and the mixture of developments that can be observed in the immediate area.

Owner: Tebane Properties Ltd

, 0/28764, 0/36931, 0/36934, 0/28766, 0/28749, 0/28754

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

This three storey building (fitted out as a supermarket) has been erected on four adjacent plots (no. 1237,1238,1239 & 1240). It is located on Athinon Avenue, in Agios Theodoros quarter in central Paphos in close proximity to the Pafiako junction and the Kings Avenue Mall 1.7 km southwest of the A6 roundabout. Along Athinon Avenue a mix of commercial and residential development can be observed with showrooms, shops, offices, apartments and houses. In the nearby area more residential properties can be observed. Due to its location, it offers good accessibility to the rest of Paphos city centre, the nearby beach and the surrounding areas.

The building has a total covered area of 3.149 sqm (including a basement of 925m²) and has been internally configured as a supermarket with the potential for other commercial uses.

Three land plots are used as parking areas (1128, 1129 & 1232). The total land area of all seven plots, is 3.686 m².

The property falls within the following two Planning Zones: 

Commercial zone Εβ4α with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.  

Commercial zone Κα35 with a maximum building density coefficient of 140% and a land coverage coefficient of 50% over 3 floors and 13.50 metres height.

The property, as a unified property, is ideally located within Paphos and is suitable for commercial use or commercial and/or residential development, benefiting from high volumes of traffic and the mixture of developments that can be observed in the immediate area.

Owner: Tebane Properties Ltd

, 0/28764, 0/36931, 0/36934, 0/28766, 0/28749, 0/28754

EPC: Pending Energy Certificate

All urban features must be checked with the proper authorities. The Bank has the right to review selling prices without any prior notice.

Open map  

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
€7,160 ($7,724)
If buying on joint names
€7,160 ($7,724)
Transfer fees
If buying as an individual
€141,640 ($152,806)
If buying on joint names
€138,240 ($149,138)

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