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Industrial Building
Nicosia Municipality, Nicosia
Offers in the region of

€995,000  ($1,155,200)

SOLD
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: 1057010 (altia259)
  • Total covered area: 800 sqm
  • Plot: 3206 sqm

Description

Industrial land of approximately 3,206sq.m. with a ground-floor industrial building of approximately 800 sq.m., has a flat surface and access via a registered road. The total frontage is approximately 80m on the north-eastern boundary within the Avenue and 55m on the southwest boundary within Themistokli Petridi Street.
On its northwest boundary, there is an electrical substation.
The property falls under the Special Area zone (EΠ6) which apart from industrial developments and warehouses, other economic activities and industrial activities uses are allowed. i.e. business offices and exhibition spaces as well as commercial uses for items that have increased volume and businesses that require storage of large quantities of the product.  
In addition, provided that the area of development is at least 1,000 sqm the development of an independent showroom as well as a Superstore for home goods, garden, and other related items, DIY type are allowed. 
Also in zone EΠ6 the development of schools of higher education, leisure centers, and cinemas as well as student residences are allowed under circumstances.
Please refer to listing 1056945 for the adjoining plot information -
https://www.buysellcyprus.com/property-for-sale/nicosia/nicosia-municipality/industrial-building-for-sale-nicosia-municipality-nicosia-1057010.html

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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
€36,400 ($42,261)
If buying on joint names
€33,000 ($38,313)

Disclaimer - Property reference 1057010. 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.