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Warehouse
Strovolos, Nicosia

€630,000  ($717,310)

STARMAX

STARMAX

Reg. No: 1267 / Licensed No: 514/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 $25,106

Average Bank Rate (€630,000)
1 USD = 0.8486 EUR
$742,416

Mid-market rate (€630,000)
1 USD = 0.8783 EUR
$717,310

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: 8868989 (31308)
  • Plot: 1150 sqm

Description

Industrial Building with warehouse and office facilities. Investment
opportunity to acquire a two-storey industrial building located in the
well-established Strovolos Industrial Area, with excellent access to the
Nicosia–Limassol motorway.The property is
situated on a plot of 1,150 sqm. and comprises a total covered area of
approximately 1,500 sqm., including 1,000 sqm. of internal covered space and
a 500 sqm. basement.The warehouse is
well configured and includes a number of enclosed office spaces, providing
dedicated administrative and operational areas within the building. This layout
makes the property suitable for a wide range of industrial, logistics, storage,
distribution, and commercial uses.Property Features
Land area: 1,150 sqm.
Internal covered area: 1,000
sqm.
Basement: 500 sqm.
Two-storey industrial building
Multiple enclosed offices
Energy Efficiency Rating: C
Located in a fully developed
industrial zone
Easy access to the
Nicosia–Limassol motorway
Lease Information
Lease expiry date: 30 November
2047
Option to renew for an additional
33 years
Annual ground rent payable to the
Ministry of Energy, Commerce and Industry: €846 /year
 

















The
property benefits from a strategic location within one of Nicosia's most
established industrial areas, combined with a long lease term and exceptionally
low annual ground rent, making it an attractive opportunity for investors or
owner-occupiers.For further details or viewing please contact our office.

For privacy reasons, the advertiser has not indicated the exact address.
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Buying expenses

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.

Transfer fees
If buying as an individual
€21,800 ($24,821)
If buying on joint names
€18,400 ($20,950)

Disclaimer - Property reference 8868989. 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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