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Warehouse
Nicosia Municipality, Nicosia
Offers in the region of

€1,279,500  ($1,485,585)

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: 830299 (16961)
  • Plot: 2351 sqm

Description

This asset is a commercial building formerly used as a supermarket in Kaimakli, Nicosia. The asset is located on the corner of Agiou Ilarionos Avenue and Eleni Sofocleous Street, c. 425m southeast of “BATA” roundabout and c. 1,3km north of “SOPAZ” roundabout. The asset comprises of a ground floor of c. 760sqm with a mezzanine of c. 415sqm, the first floor of c. 761sqm and a basement of c. 415sqm. The building is served by two elevators. Additional storage space of c. 358sqm has been erected at the side of the building. The immediate area of the asset is a well developed industrial area comprising of warehouses, factories and showrooms. Agiou Ilarionos Avenue is a high traffic road which provides easy access to the neighbouring areas. The asset falls within two planning zones: -62% of the asset falls into Βα3, with building density coefficient of 100%, coverage coefficient 60%, in 2 floors -38% of the asset falls into Δα3, with building density coefficient of 5%, coverage coefficient 5%, in 1 floors and 5,5m maximum height  Reg. No. : 6/631

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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
€47,780 ($55,476)
If buying on joint names
€44,380 ($51,528)

Disclaimer - Property reference 830299. 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.