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Pay in USD and save up to $119,778Modern industrial warehouse within the industrial area of Agios Silas in Ypsonas.
It is situated close to all necessary amenities and services. In addition, it enjoys excellent access to the motorway and the city of Limassol.
The warehouse is of a modern construction and was built in 2012.The property is divided into 16 smaller warehouses, each with its own entrance and ramp. The total area of the ground floor is 5,448 sqm (approx.) and of the mezzanine 1,072 sqm (approx.) which are divided into the 16 warehouses.
It is a unique property of its kind due to its modern design and the fact that it has been constructed with very good quality building materials.
It lies within three town planning zones with the largest part, 60% of the plot being industrial, 34% is residential and the remaining 6% is in a protection zone.
All units are rented and the total rent is €17,153/month and the total yield at 6.4%.
The property has the potential to exceed 7.0% yield.
Please call for more information and viewing.
Stamp duties is tax paid by property purchasers to the land registry when the property sales agreement is registered with the land registry. Transfer fees paid by property purchasers to the land registry when the title deed of the property is transferred to their name.
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