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Warehouse for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Warehouse for sale in Nicosia Municipality, Nicosia 1914 Nicosia Municipality
Offers in the region of
4218000 €4,218,000  ($4,549,112)
Warehouse
Nicosia Municipality, Nicosia
Offers in the region of

€4,218,000  ($4,549,112)

SOLD
Bank Owned Property

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Compared currency flag Pay in USD and save up to $159,219

Average Bank Rate (€4,218,000)
1 USD = 0.8959 EUR
$4,708,331

Mid-market rate (€4,218,000)
1 USD = 0.9272 EUR
$4,549,112

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: 830043 (16343)

Description

REMU offers for sale three adjacent industrial land parcels (8,726sqm total), which contain two buildings (built area 5,520sqm total), in Kaimakli, Nicosia.



The asset is adjacent to Andreas Papacostas Street, c. 200m west of Agios Ilarionas Avenue and c. 500m northwest of SOPAZ roundabout.



The first building comprises of a c. 1,550sqm ground floor and a c. 1,550sqm semi-basement level. The ground floor consists of industrial area, shop with mezzanine, office, kitchen and sanitary areas. The semi-basement consists of industrial area, refrigerator room, storage area, sanitary areas/locker rooms and EAC substation.



The second building comprises of a c. 1,360sqm ground floor and a c. 1,360sqm semi-basement level. The ground floor consists of three storage areas and office areas. The semi-basement consists of a storage area, two refrigerator rooms and a boiler room.



The semi-basement of the second building is currently occupied.



The immediate area of the asset is a fully developed area with numerous industrial buildings (factories and warehouses), showrooms, and offices.



The property benefits from easy access to all areas of Nicosia via John Kennedy and Kantaras Avenues.



Owning SPV: Garmozy Properties



The property is zoned as ΕΠ6 (special use) with 160% building density, 50% coverage and a maximum of 4 floors.

, 6/1045, 6/970

EPC: Pending Energy Certificate



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

REMU offers for sale three adjacent industrial land parcels (8,726sqm total), which contain two buildings (built area 5,520sqm total), in Kaimakli, Nicosia.



The asset is adjacent to Andreas Papacostas Street, c. 200m west of Agios Ilarionas Avenue and c. 500m northwest of SOPAZ roundabout.



The first building comprises of a c. 1,550sqm ground floor and a c. 1,550sqm semi-basement level. The ground floor consists of industrial area, shop with mezzanine, office, kitchen and sanitary areas. The semi-basement consists of industrial area, refrigerator room, storage area, sanitary areas/locker rooms and EAC substation.



The second building comprises of a c. 1,360sqm ground floor and a c. 1,360sqm semi-basement level. The ground floor consists of three storage areas and office areas. The semi-basement consists of a storage area, two refrigerator rooms and a boiler room.



The semi-basement of the second building is currently occupied.



The immediate area of the asset is a fully developed area with numerous industrial buildings (factories and warehouses), showrooms, and offices.



The property benefits from easy access to all areas of Nicosia via John Kennedy and Kantaras Avenues.



Owning SPV: Garmozy Properties



The property is zoned as ΕΠ6 (special use) with 160% building density, 50% coverage and a maximum of 4 floors.

, 6/1045, 6/970

EPC: Pending Energy Certificate



All urban features must be checked with the proper authorities. The Bank has the right to review the selling prices without any prior notice.

Open map  

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
€8,344 ($8,998)
If buying on joint names
€8,344 ($8,998)
Transfer fees
If buying as an individual
€165,320 ($178,298)
If buying on joint names
€161,920 ($174,631)

Disclaimer - Property reference 830043. 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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