Cyprus Properties for Sale - Altamira Real Estate (Cyprus)

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Shop - Omonoia, Limassol

Limassol - Ref. PR45152Map

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Shop - Omonoia, Limassol

Ref. PR45152

Not subject to VAT

250,000

Indicative Price

  • 72 m2
  • 33 m2 Mezzanine
  • 749 m2 Land
  • 1 Bath

Shop with a mezzanine in a lively and central location in Omonoia Quarter in Limassol Municipality. It is situated approximately 760 meters northeast of Limassol new harbor and approximately 580 meters northeast of Omonoia Avenue.

The property is ideally situated close to a plethora of amenities and services such as shops, restaurants, cafes, supermarkets etc. In addition the property has excellent access to the Municipality Center and to the Limassol Marina.

It is an excellent location with intense mobility throughout the day which designates an increased demand for commercial properties.

The shop (special plan no. 2), it has 4 meters frontage (onto Franklin Roosevelt avenue) and is part of a mix use complex called «Beton Building» which was built in the year 1979.

The total ground floor area is 72 sqm (approx.) and the mezzanine area is 33 sqm (approx.).

The property has a separate title deed.

The property is vacant and is suitable for own use or for a good return on investment.


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

Unit No: 2

Characteristics

  • Title deed: The property has a separate title deed

Land Registry Information

Reference Reg. Nº Sheet/Plan Block Parcel Nº
PR45152 3/55551 59/010601 3 696
  • Planning zone: Εβ4
  • Building Coefficient: 140%
  • Coverage Coefficient: 50%
  • Maximum Floors Allowed: 4
  • Maximum Building Height (m): 14,30

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.

Location

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(34.665833, 33.022484)

Energy Category

energy rating

Owner

CAC Coral Limited

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