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Office - Sotiros, Larnaca

Larnaca - Ref. PR11038

140.000

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Location
  • Elevator
  • Heating
  • Storage room

Property description & location

Spacious office in an excellent location in Sotiros Quarter in Larnaca Municipality. It is situated on Ioanni Chaket street, at a distance of approximately 115 meters east of Larnaca’s Fire Station, approximately 388 meters south of Alphamega Supermarket and approximately 30 meters north of Georgiou Griva Digeni Avenue. It is ideally situated close to a numerous services and amenities. In addition, the property has excellent access to the city center and the motorway.

The office is located on the 2nd floor of a building named “MERIKA HOUSE NO3” and the level of construction and maintenance of the building and the office is good. The office consists of an entrance area, 4 office spaces, kitchen, WC and 2 covered verandas. According to the title deed, the office has a storage room on the ground floor as well. The area of the covered spaces (including covered verandas) is 127sqm (approx.) and the storage room approximately 24sqm (approx.).

It is important to note that the property has separate title deed and unexhausted building density factor.

The office is vacant and It is suitable for private use or for rental with a good return.

The above price might be subject to VAT.

The closing time for the Submission Period of tenders is 10:00 a.m. on every Tuesday morning, as stated in paragraph 7.10 of the Tender Form and section 4 of the Legal Notice.

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 reviewed without any prior notice.

Deadline 25 August 2020

Deadline 25 August 2020


District: Larnaca

Municipality: Larnaca Municipality

Quarter: Sotiros

Characteristics

Title deed: The property has a separate title deed

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
10/1644 40/640201 10 67
  • Planning zone: Κα3
  • Building Coefficient: 1,4;1,4
  • Coverage Coefficient: 0,5;0,5
  • Maximum Floors Allowed: 3;4
  • Maximum Building Height: 11,3;14,3 m

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.

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Additional information

Reference

PR11038

Property owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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