Mixed-use Building - Limassol Municipality, Limassol
Ref. PR45599
Not subject to VAT
925,000
Indicative Price
Mixed-use building in a lively and central location in Omonoia Quarter in Limassol Municipality. The property is located on Kyriakou Katoli and Filolaou Streets, approximately 65 meters west of Vasileos Pavlou avenue and approximately 200 meters east of Omonoias avenue.
The property is ideally situated close to a plethora of amenities and services such as supermarkets, restaurants, shops, cafes etc. Furthermore, the property enjoys excellent access to the city centre and the motorway.
The building was constructed in 3 phases around 1988, 1994, and 1991 and consists of two shops on the ground floor and two houses/apartments on the 1st floor. It should be noted that 1 house/apartment has been divided into two smaller apartments.
The internal space of the ground-floor shops is 213 sqm. (approximately) and the total area of the mezzanine is 149 sqm. (approximately).
The internal space of the 1st floor apartments is 251 sqm. (approximately) and the total area of the covered verandas is 29 sqm. (approximately).
Noted that the two ground floor shops are rented and the 1st floor apartments are 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: Limassol
Municipality: Limassol Municipality
Quarter: Omonoia
| Reference | Reg. Nº | Sheet/Plan | Block | Parcel Nº | Share |
|---|---|---|---|---|---|
| PR45599 | 2/47810 | 59/010203 | 2 | 734 | 1/1 |
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CAC Coral Limited