Auction
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Retail Unit in Paralimni, Famagusta

  • Auction
  • Lot 35
  • Cyprus
  • Retail
  • Commercial

Invited Opening Bid €149.000

Property Summary

  • Ground floor shop in Paralimni.
  • Separate Title deed.
  • Extending to approx.146 sq. m. of internal area and approx. 173 sq. m. of uncovered verandas.
  • Vacant Possession.
  • This sale is conditional and is subject to confirmation (STC) by the vendor, who will accept or decline the highest bid no longer than two working days from the bidding closing time. In the meantime and in case of approval by the vendor the highest offer placed will be mutually binding. You will find more information in the Terms and Conditions.

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

Contact Us

Victoria Georgiou
Victoria Georgiou
Property Agent, here to help.
Themis Portfolio Managment
Vendor's Solicitor

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Property description

  • Ground floor, formerly a pub.
  • This asset includes seven uncovered parking spaces.
  • Separate Title deed.
  • The building was constructed approx. in 1990.
  • We have been informed that the property extends to approx. 146 sq. m. of internal area and approx. 173 sq. m. of uncovered verandas.
  • “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). We recommend that you seek independent advice regarding any applicable transfer fees.”

Location

  • The property is located in Paralimni Municipality, Ammochostos District, under Land Reg. No. 0/18843.
  • The asset is located in Protaras avenue 249, it is located approximately 300 m west from Agias Triadas roundabout and approx. 1 km east from Paralimni.
  • The wider area of the property consists mostly of residential development such as houses and vacant parcels of land.

Tenancy

  • Vacant possesion

Accommodation

The property was not internally inspected or measured by BidX1. The information was provided by the Vendor. We are informed that the property provides:

  • Ground floor shop.  
  • Interested parties are recommended to undertake their own inquiries to confirm property measurements.

VAT

VAT not applicable - Interested parties are exclusively responsible to verify and/or ascertain whether the sale of the Property is not subject to VAT.

Helpful links

*Terms & Conditions

Islanders Estate Agencies Ltd (as a licenced Estate Agent), T/A BidX1 Cyprus Sales, Registration No. 1251, Licence No. 625/E. No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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