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Pay in USD and save up to $39,524Industrial warehouses on large field located in Agia Varvara community of Nicosia district.
The immediate area of the property comprises of development and industrial buildings of various local companies.
The field has an irregular shape, even land topography and it has total land area of 9,857sqm. Within the parcel there are two detached metal frame warehouses (south and north part) with total enclosed area of approximate 4,250sqm.
The southern warehouse constructed around the year 2000 and split into 2 units with total area of 3,050sqm. It is noted that the warehouse is rented for €4,500/month.
The northern warehouse constructed around the year 2005 and split into 6 units with total area of 1,200sqm. It is noted that the warehouse (No. 5) is rented for €350/month and the remaining units are occupied.
It is noted that the warehouses have secured all the necessary building permits.
The property falls within the Industrial Zone Ba3 having building density coefficient 100% and coverage density of 60% in 2 floors.
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.
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