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Warehouse for sale in Kallithea, Nicosia

Kallithea, Nicosia, Cyprus
Warehouse for sale in Kallithea, Nicosia 167 Kallithea
8680000 €8,680,000  ($9,368,976)
Warehouse
Kallithea, Nicosia

€8,680,000  ($9,368,976)

Fox Smart Estate Agency Nicosia

Fox Smart Estate Agency Nicosia

Registered & Licensed Estate Agency - R.N. 488, L.N. 344/E

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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 $327,914

Average Bank Rate (€8,680,000)
1 USD = 0.8951 EUR
$9,696,890

Mid-market rate (€8,680,000)
1 USD = 0.9265 EUR
$9,368,976

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: 1152449 (8156)

Description

The property is an industrial warehouse located in the southern suburbs of Nicosia. The asset is near the Nicosia – Limassol motorway. The property comprises of six adjacent plots on which there is a warehouse building with a total covered area circa 7,950 sqm. The building consists of offices with auxiliary spaces (1,650 sqm) and warehouse space with chillers (6,300 sqm). The building is in very good physical condition. The warehouse offers 9 handling/loading electric doors/platforms and 28 parking places. The immediate area consists mostly of small to medium size industrial properties. The wider area is well developed mostly with industrial buildings. The property enjoys good accessibility to the surrounding areas and cities and other major roads. The property falls within the industrial planning zone Βα3 with building density coefficient of 100% and a coverage coefficient of 60% over 2 floors. Due to the fact that the warehouse is cur ly leased and is an income producing asset, it presents an immediate investment opportunity. All urban features must be checked with the proper authorities.

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
€17,268 ($18,638)
If buying on joint names
€17,268 ($18,638)
Transfer fees
If buying as an individual
€343,800 ($371,089)
If buying on joint names
€340,400 ($367,419)

Disclaimer - Property reference 1152449. 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.

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