Traditional ground floor building in Polis Chrysochou Municipality in Paphos District. It is located on the town center, at a distance of 650 meters (approx.) southwest of Polis municipal stadium and 230 meters (approx.) west of Arsinois Avenue.It is ideally 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.The building is of traditional style with stone walls, it is listed building and operates as a restaurant. It is noted that the building is constructed onto two parcels with total land area of approximate 1797sqm.Internally, it consist of a dining area, kitchen, bar and toilets while the basement consist of a storage area. The building ha total internal area of approximate 180sqm and a covered veranda (pergola) with total rea of approximate 115sqm.The property is rented for €1000/month with a leasehold agreement until the date 30/12/2041. it is noted that from 01/12/2025 the amount will increase of 7% every 2 years. 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: Polis Chrysochous Quarter: Polis Chrysochous
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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