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Pay in USD and save up to $167,032Reference ID: details: €4,135,000The property concerns a two storeys, high spec, industrial warehouse, located in Panagia, Nicosia.The property consists of a ground floor of 2300sqm and a first floor of an area of 970sqm. The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some factories, showrooms and offices of average to good quality.The area is characterised as Special zone area as per the latest Nicosia Local Plan, allowing for several commercial uses i.e. showrooms, galleries, DIY, hypermarkets, cinemas, student halls etc.
For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.
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