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Pay in USD and save up to $30,065Industrial warehouse situated in the industrial area of Latsia, one of the most promising industrial areas of Nicosia, with great mobility and a long-standing high demand for warehouses. It is located at a cul-de-sac, approx. 50 meters west of 25th March avenue and 800 meters east of the Nicosia –Limassol motorway.It is situated close to all necessary amenities and services, with excellent access to the motorway. In addition, nearby are similar facilities and industrial warehouses of various companies.The property was constructed around 1997 and had secured the necessary Building Permit as an industrial warehouse. It consists of an open plan industrial area and loading / unloading bays with ancillary areas including office spaces, kitchen and WCs. The warehouse has a total internal area of about 1,250sqm.The property is rented for €2,800/month with a return of 4.2%. The contract expires on 30/09/2021. 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: Nicosia Municipality: Latsia Quarter: Agios Georgios
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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