Commercial Building – Agios Theodoros, Paphos
Not subject to VAT
The property for sale is a ground floor commercial building located in a very attractive location in Paphos Municipality, in Agios Theodoros Quarter. It abuts onto Aftokratoros Theofilou Street, approximately 780 meters west of Dimokratias Avenue and approximately 250 meters north of Athinon Avenue.
The property is in a prime retail location while is also ideal for residential use. Within walking distance are many amenities and services such as shops, supermarkets, banks, schools, etc. In addition, it has excellent access to the town center and the motorway.
The building is approximate 10 years old and it is in a good condition. The building consists of covered parking spaces on the basement and the ground floor is comprised of two areas that were operating as a hair saloon and a dancing school. The mezzanine and the basement can be accessed through an indoor staircase while the basement can also be accessed through a ramp on its northern and western boundary.
The building has a total covered area of 250sqm plus mezzanine of 125sqm and a basement of 300sqm.
The property is vacant, and it is suitable for private use or for rental purposes.
It is important to note that the property has unexhausted building factor and the capability for an additional two extra floors.
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.
Municipality: Paphos Municipality
Quarter: Agios Theodoros
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