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Industrial Building
Aradippou, Larnaca
Offers in the region of

€270,000  ($313,384)

SOLD IN 20 DAYS
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: 1368811 (altia2147)

Description

Leasehold industrial unit/showroom in Aradippou industrial area, Larnaca.
The ground floor is divided into two areas including the main manufacturing/warehouse area and the administrative area consisting of offices, a reception and showroom area, a kitchen, a dining area, 3 toilets, and a storage room.
The mezzanine consists of an open-plan area of approximately 66 sq.m.
The current lease expires on 31/05/2029 preserving the right to renew for another 66 years (33+33) until 31/05/2095.
The current ground rent (lease)is €1701.94 per year.
The asset is located within the Aradippou industrial area, approximately 750m from the B2 motorway.
The property falls within Zone Ββ1, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors (0m) of construction.

Land lot area: 2.221sqm
Total building size: 502sqm
Total floors: 1

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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
€7,400 ($8,589)
If buying on joint names
€5,050 ($5,861)

Disclaimer - Property reference 1368811. 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.