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Building for sale in Timi, Paphos

Timi, Paphos, Cyprus
Building for sale in Timi, Paphos 53 Timi
370000 €370,000  ($396,804)
Building
Timi, Paphos

€370,000  ($396,804)

Ktimatagora - Cyprus Property

Ktimatagora - Cyprus Property

Registration Number: 524 License Number: 130/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 $13,888

Average Bank Rate (€370,000)
1 USD = 0.9009 EUR
$410,692

Mid-market rate (€370,000)
1 USD = 0.9325 EUR
$396,804

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: 1354893 (APR35476)
  • Total covered area: 597 sqm
  • Resale built in 2009
  • Beach
  • Coffee shops
  • Public Park
  • Restaurants & Pubs
  • School
  • Shopping
  • Investment Opportunity

Description

For Sale Industrial Building (Land Lease) in Timi - Paphos
The property is located in B’ Paphos Industrial Zone (Agia Varvara) and it is situated close to all necessary services.
In addition, it enjoys excellent access to the motorway and the city of Paphos.

The building is two-storey and it was constructed around the year 2009 on an industrial plot with total area of approximate 2,231sqm.
On the ground floor comprises of a cold rooms, preparation area, packing area, disable WC’s and storage.
The 1st floor consist of a kitchen, dining area, offices, reception area, storage room and WC/ changing room for male/female.

The area of the ground floor is 457sqm and the 1st floor 140 sqm
The property is subject to a long-term lease agreement with Cyprus Government with a rent of €7341/year and an expiration date 31/01/2042.
It is noted that the agreement can be renewed for two periods of 33 years each.
Characteristics :



Year built: 2009
Title deed: The property has a separate title deed

It is noted that the property is vacant and it is consider as ideal investment opportunity.

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
€648 ($694)
If buying on joint names
€648 ($694)
Transfer fees
If buying as an individual
€11,400 ($12,226)
If buying on joint names
€8,000 ($8,580)

Disclaimer - Property reference 1354893. 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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