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Factory for sale in Psimolofou, Nicosia

Psimolofou, Nicosia, Cyprus
Factory for sale in Psimolofou, Nicosia 30 Psimolofou
Offers in the region of
725000 €725,000 ($710,746)
Psimolofou, Nicosia
Offers in the region of
€725,000  ($710,746)
Bank Owned Property
BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $24,876

Average Bank Rate (€725,000)
1 USD = 0.9856 EUR

Mid-market rate (€725,000)
1 USD = 1.0201 EUR

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: 822810
  • Total covered area: 1105 sqm
  • Plot: 9193 sqm
  • Resale built in 2008


The property for sale is a modern factory and storage unit that used to operate as a vegetable packaging plant in Psimolofou Community in Nicosia District.It is located at a distance of 2.4 km (approx.) east of the center of the Community and at a distance of 550 meters (approx.) north of the Psimolofou-Analionta main road and as a result has easy access to all neighboring communities such as Tseri Pera and Deftera. The wider area around the factory is primarily agricultural comprising of cultivated land and a small number of agricultural buildings.The factory is constructed on a rather rectangular shape field with a frontage onto a registered public road of approximately 55 meters along its northern boundary. It was constructed in the late 2000’s with high quality and modern materials required for its specific use. It is important to mention that the property has secured the necessary Building Permit and Final Approval. The internal area of ​​the factory is approximately 1,105m2.The building on the ground floor comprises of a large open space / packaging, walk-in refrigeration units, loading bays, storage rooms, a raw material collection room and ancillary areas such as offices, a kitchenette and WCs.On the first floor there is an office, a night guards room, a WC with a shower, a storage room and an uncovered veranda. Externally, the building consists of a large tarmacked parking spaces, whilst there is also perimeter fencing. It should also be noted that the southern part of the land is vacant and it can be used for on-site cultivation purposes, expansion of the car park or the additional extension of the factory. 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: Psimolofou

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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
€1,358 ($1,331)
If buying on joint names
€1,358 ($1,331)
Transfer fees
If buying as an individual
€25,600 ($25,097)
If buying on joint names
€22,200 ($21,764)

Disclaimer - Property reference 822810. The information displayed about this property comprises a property advertisement. makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and has no control over the content. This property advertisement does not constitute property particulars.

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