Commercial Parcel - Geroskipou, Paphos
Not subject to VAT
Corner commercial parcel in the heart of Geroskipou municipality in Paphos District. It is located on Archbishop Makariou III avenue at a distance of 270 meters (approx.) east of Geroskipou Town Hall. The property is situated close to all necessary amenities and services and they have very good access to the neighboring villages, the city of Paphos and the sea.
It has corner location with an extensive road frontage along 3 registered road and total road frontage of 64 meter. It has a regular shape and extend and a southeast orientation.
Within the property there is a ground floor house which does not bear any economic value. It is noted that the property it is registered on the title deed as a ground floor house.
The property is affected by road widening scheme of 100sqm (approx.) and by compulsory acquisition of 25sqm (approx.).
The property falls within the Commercial Zone (Eb) with maximum building density of 120%, coverage density 70% in 3 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.
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