Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Commercial Building - Athienou, Larnaca

Larnaca - Ref. PR11275Map

Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
Commercial building-Athienou-PR11275
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Commercial Building - Athienou, Larnaca

Ref. PR11275

Not subject to VAT

435,000

Indicative Price

  • 560 m2
  • 1,129 m2 Land

Services and facilities

  • Parking
  • G.Optional
  • Swimming pool
  • Air condition
  • Lift
  • Heating
  • Garden
  • Storage room

Two-storey commercial building in the central of Athienou Municipality in Larnaca district. The peorpty located at a distance of 150 meters (approx.) southeast of Athienou Town Hall and 170 meters (approx.) north of Panagia Chryseleousa Church.

The property is ideally situated close to many amenities and services. In addition, it has excellent access to the neighboring communities.

The building has a corner location, it was constructed around the year 1995 and comprises of a basement, ground floor and 1st floor. On the ground floor there is a bank branch and on the 1sts floor there are office spaces. In addition, it has storage spaces in the basement.

The area of building is 560sqm (approx.) and the basement 190sqm (approx.).

The building for sale located on two parcels (whole share of plot 1958 and 358/852 share of plot 2013) as specified with section A and red color on the drawing.

The building is rented by a bank for €3070/month with a yield of 8.2%.

The property is an ideal choice for investment as it offers a high yield.


THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED

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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 Real Estate 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 Real Estate (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity.

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District: Larnaca

Municipality: Athienou

Characteristics

  • Year built: 1995
  • The property is rented

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR11275 0/35251 31/4202V01 1 1958
  • Planning zone: Πα9
  • Building Coefficient: 120%
  • Coverage Coefficient: 70%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 10
Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR11275 0/35611 31/4202V01 1 2013
  • Planning zone: Εβ
  • Building Coefficient: See Description/Βλέπε Περιγραφή
  • Coverage Coefficient: See Description/Βλέπε Περιγραφή
  • Maximum Floors Allowed: See Description/Βλέπε Περιγραφή
  • Maximum Building Height (m): See Description/Βλέπε Περιγραφή
  • Planning zone: Πα9
  • Building Coefficient: 120%
  • Coverage Coefficient: 70%
  • Maximum Floors Allowed: 3
  • Maximum Building Height (m): 10

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

Location

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(35.062561, 33.540569)

Energy Category

energy rating

Owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD