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Industrial Building
Strovolos, Nicosia
Offers in the region of

€1,750,000  ($2,031,867)

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: 1057049 (altia269)
  • Total covered area: 3660 sqm
  • Plot: 7851 sqm
  • Occupancy status: Rented

Description

Two level industrial warehouse of approximately 3660 sq.m., currently rented to governmental authorities.
The industrial unit consists of office spaces and storage areas. The office/administrative space has a total area of approximately 200 sq.m. and it consists of a ground floor which is divided into a reception area, office spaces, a kitchen, three toilets and a 1st floor comprising by two office rooms. Furthermore, the storage space is separated internally into 3 sections which are connected internally and are used as storage areas.

According to the available building density, the asset can be further expanded to 4550 sq.m. in total subject to acquiring all the necessary permits.

Current government lease ending on the 30th of April 2045 with the right to re-new for another 33 years.

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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
€66,600 ($77,327)
If buying on joint names
€63,200 ($73,379)

Disclaimer - Property reference 1057049. 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.