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Warehouse for sale in Agios Silas, Limassol

Agios Silas, Limassol, Cyprus
Warehouse for sale in Agios Silas, Limassol 98 Agios Silas
Offers in the region of
3500000 €3,500,000  ($3,775,474)
Warehouse
Agios Silas, Limassol
Offers in the region of

€3,500,000  ($3,775,474)

SOLD
Bank Owned Property
ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

ALTAMIRA ASSET MANAGEMENT CYPRUS LIMITED

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $132,142

Average Bank Rate (€3,500,000)
1 USD = 0.8957 EUR
$3,907,615

Mid-market rate (€3,500,000)
1 USD = 0.9270 EUR
$3,775,474

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 822784 (116709)

Description

Industrial warehouse within the industrial area of Agios Silas in Ipsonas Municipality. The property is located at the eastern part of the industrial area, 700 metres north of the motorway. 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.13 out of the 16 warehouses are rented and two are vacant. The total rent is €10373/month and the yield 3.5% 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.The property has the potential to reach a 6.5% yield. The Terms and Conditions found on the Tender form must be carefully considered prior to submitting an Offer.  Any photographs, markings, outlines, or other design on the photographs are indicative and for illustration purposes only. All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted.  The above price may be modified without any prior notice. All information received from Altamira Asset Management Cyprus Ltd (through the website and / or its operators and / or otherwise) is indicative and no guarantee is given for its completeness and / or validity. The Tenderer is exclusively responsible for conducting an inspection of the Property and to take all actions necessary to verify and / or be satisfied on the accuracy of the details of the Property (including planning particulars, boundaries a.o), and in addition to ascertain whether the sale of the Property is subject to VAT and the exact amount payable. In case of disagreement, it is the sole responsibility of the Tenderer to provide relevant evidence to satisfy Altamira Real Estate. District: Limassol Municipality: Ypsonas

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Buying expenses

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.

Stamp Duties
If buying as an individual
€6,908 ($7,451)
If buying on joint names
€6,908 ($7,451)
Transfer fees
If buying as an individual
€136,600 ($147,351)
If buying on joint names
€133,200 ($143,684)

Disclaimer - Property reference 822784. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

We SOLD 265 properties in Agios Silas and nearby areas! We know our local area and we can sell your property in record time and for the best price.