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Tombs Of The Kings, Paphos
Offers in the region of

€1,950,000  ($2,263,145)

Bank Owned Property

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Compared currency flag Pay in USD and save up to $79,210

Average Bank Rate (€1,950,000)
1 USD = 0.8325 EUR
$2,342,355

Mid-market rate (€1,950,000)
1 USD = 0.8616 EUR
$2,263,145

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: 939664 (16905)

Description

This asset is a large retail space formerly used as a supermarket on the ground floor of the building “Sunwaves Centre Block 1” in Agios Theodoros area of Paphos.

The asset is located on Adamantiou Korai Street, c. 400m west of Apostolou Pavlou Avenue, c. 200m north of Kings Avenue Mall and c. 200m north east of Tomb of the Kings Avenue.

The asset comprises of six adjoined shops with a combined area of c. 1818sqm. The area consists of a 1,017sqm ground floor, a 105sqm mezzanine and a 696sqm basement. The asset enjoys the exclusive use of 12 parking spaces and uncovered areas at the front and rear of the property.

The immediate area of the asset comprises of residential developments, while the nearby Tomb of the Kings Avenue consists of commercial and touristic development with shops, restaurants, hotels and hotel apartments. In the nearby area more properties can be observed. Tomb of the Kings Avenue also provides great accessibility to the rest of Paphos city.

The asset falls within two planning zones:

- Eβ with building density coefficient of 140%, coverage coefficient 50%, in 3 floors and a maximum height of 11,3m.

- Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

, 0/35101, 0/35102, 0/35103, 0/35104, 0/35105

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

This asset is a large retail space formerly used as a supermarket on the ground floor of the building “Sunwaves Centre Block 1” in Agios Theodoros area of Paphos.

The asset is located on Adamantiou Korai Street, c. 400m west of Apostolou Pavlou Avenue, c. 200m north of Kings Avenue Mall and c. 200m north east of Tomb of the Kings Avenue.

The asset comprises of six adjoined shops with a combined area of c. 1818sqm. The area consists of a 1,017sqm ground floor, a 105sqm mezzanine and a 696sqm basement. The asset enjoys the exclusive use of 12 parking spaces and uncovered areas at the front and rear of the property.

The immediate area of the asset comprises of residential developments, while the nearby Tomb of the Kings Avenue consists of commercial and touristic development with shops, restaurants, hotels and hotel apartments. In the nearby area more properties can be observed. Tomb of the Kings Avenue also provides great accessibility to the rest of Paphos city.

The asset falls within two planning zones:

- Eβ with building density coefficient of 140%, coverage coefficient 50%, in 3 floors and a maximum height of 11,3m.

- Kα5 with building density coefficient of 100%, coverage coefficient 50%, in 3 floors and a maximum height of 13,5m.

, 0/35101, 0/35102, 0/35103, 0/35104, 0/35105

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

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€74,600 ($86,580)
If buying on joint names
€71,200 ($82,634)

Disclaimer - Property reference 939664. 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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