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Commercial Development
Frenaros, Famagusta

€525,000  ($608,888)

SOLD IN 1 DAY
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 989304 (4688)
  • Close to amenities

Description

The property is a commercial development, built within three plots in Frenaros. It is adjacent to Arch. Makariou III Avenue on its north boundary and Georgiou Seferi Street on its east boundary. It is located 1km from the Frenaros center and from Frenaros – Deryneia road. The development was constructed in 3 different phases: The shop was built in 1984 and has an area of 200 sqm. It consists of an open-plan area for pastry products, 2 offices and 2 toilets. The pastry workshop comprises pastry laboratories, a baking area, fridges, a staff area, warehouses, and a washing area. The factory/workshop was built in 1989 and has an area of 255 sqm. The warehouse was built in 1998 and has an area of 165 sqm.

Occupancy Status: Occupied
Town planning zone: Residential
Building density: 90 %
Coverage ratio: 50 %
Max floors: 2
Max height: 8.30 m

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€17,600 ($20,412)
If buying on joint names
€14,200 ($16,469)

Disclaimer - Property reference 989304. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.