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Mixed Use Project for sale in Latsia, Nicosia

Latsia, Nicosia, Cyprus
Mixed Use Project for sale in Latsia, Nicosia 943 Latsia
2650000 €2,650,000  ($2,843,210)
Mixed Use Project
Latsia, Nicosia

€2,650,000  ($2,843,210)

Ktimatagora - Cyprus Property

Ktimatagora - Cyprus Property

Registration Number: 524 License Number: 130/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 $99,512

Average Bank Rate (€2,650,000)
1 USD = 0.9005 EUR
$2,942,723

Mid-market rate (€2,650,000)
1 USD = 0.9320 EUR
$2,843,210

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: 991848 (RM42048)
  • Total covered area: 4642 sqm
  • No VAT

Description

This asset is a 1/2 and 4565/8111 share of two industrial plots which contain three industrial buildings in Latsia industrial zone. The asset is adjacent to Imvrou Street, c. 100m north of Megalou Alexandrou Avenue and c. 900m east of Nicosia - Limassol motorway. The asset consists of the following three independent industrial buildings: -A warehouse of c. 2,320sqm, that consists of open plan storage space, cafeteria and offices. -A workshop of c. 510sqm that consists of open plan workshop space, a blacksmith room, offices, store rooms, sanitary areas and a small kitchen. -An administration and showroom building of c. 1,812sqm that divides in two parts. The east part consists of open plan showroom, offices and sanitary areas on the ground floor and a large open plan space and some additional partitioned areas on the first floor. The west part consists of open plan workshop on the ground floor and a large open plan space on the first floor. The immediate area comprises of industrial developments and benefits from easy access to the motorway. The asset falls within industrial planning zone Βα3 with building density coefficient of 100%, coverage coefficient 60%, in 2 floors. Important note: The property is currently in tender process. Interested parties are welcome to submit their bids at the latest by 04/11/2022. All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

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
€5,208 ($5,587)
If buying on joint names
€5,208 ($5,587)
Transfer fees
If buying as an individual
€102,600 ($110,081)
If buying on joint names
€99,200 ($106,433)

Disclaimer - Property reference 991848. 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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