Residential Building - Strovolos, Nicosia
Not subject to VAT
Three-storey residential building in Agios Vasilios Quarter in Strovolos Municipality. It is located 200 meters west of Konstantinoupoleos Avenue and 65 meters east of Tseriou Avenue. It is situated in an area with good access to the motorway and the center of Nicosia. Furthermore, the property is ideally situated close to a plethora of amenities and services such as schools, supermarkets, shops etc.
The building consists of two houses and one auxiliary building. There is one house on the ground floor and one on the upper floors.
The ground floor house consists of two bedrooms, living room and kitchen and has 99sq.m. enclosed area, 6 sq.m. covered verandas and 11 sq.m. uncovered verandas.
The upper house is set on the 1st and 2nd floor and consists of three bedrooms, with the main bedroom to be en-suite, separate kitchen, living-dining room and verandas. Access to the house is possible through an external staircase. It has 173sq.m. enclosed area, 37sq.m. of covered verandas and 17sq.m. uncovered verandas.
The auxiliary building consists of one bedroom, kitchen and a bathroom. It has 30sq.m. enclosed area.
All units are currently rented for €1,000/month with a return of 4%.
It is noted that the property has acquired a final certificate approval. A subdivision permit for two separate units has also been submitted.
THE CLOSING TIME FOR TENDER SUBMISSION IS 10:00 AM EVERY TUESDAY,
UNLESS OTHERWISE SPECIFIED
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 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.
Quarter: Agios Vasilios
The property is rented
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