Mixed Used Building - Aradippou, Larnaca
Ref. PR38321
Not subject to VAT
350,000
Indicative Price
The building for sale comprises of ground floor shop and a ground floor house in Agios Fanourios quarter, in Aradippou municipality of Larnaca district. It is situated at a distance approximately 100 m north of the Aradippou Gymnasium and approximately 100 m northeast of Saint Fanourios church.
The property enjoys excellent access to the highway and the center of Larnaca. Additionally, it is ideally located near a plethora of services and amenities such as schools, shops, supermarkets, etc.
The property consists of two abutting buildings as within the property there is a shop in the eastern part and a house within the western part. The property abuts Kyriakou Matsi Avenue to the north, a pedestrian walkway to the east and a cul-de-sac to the south.
The shop was built circa 1993, operates as a laundromat and has an area of approximately 109 sq.m., mezzanine 55 sq.m..
The house was built in circa 1980 and has an area of 181 sq.m., covered terraces of 30 sq.m. and uncovered terraces of 18 sq.m.
It should be noted that the shop is rented while the house is occupied.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
The asset does not qualify for the 50% reduction of property transfer fees imposed or levied by the Department of Lands and Surveys (Fees and Charges) Law (Cap.219).
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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: Aradippou
Quarter: Agios Fanourios
Reference | Reg. Nº | Sheet/Plan | Block | Parcel Nº | Share |
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PR38321 | 5/839 | 40/47E1 | 5 | 998 | 1/1 |
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COOPERATIVE ASSET MANAGEMENT COMPANY LTD