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Warehouse
Timi, Paphos

€630,000  ($726,535)

SOLD IN 45 DAYS
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/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 $25,429

Average Bank Rate (€630,000)
1 USD = 0.8378 EUR
$751,964

Mid-market rate (€630,000)
1 USD = 0.8671 EUR
$726,535

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: 8318986
  • Total covered area: 1010 sqm
  • Plot: 2231 sqm

Description

Leasehold industrial building for sale.

The lease agreement was signed on 30 September 2009 for an initial term of 33 years, commencing on 1 February 2009 and expiring on 31 January 2042.

According to information provided the lease includes an option to renew for one or two additional periods of 33 years each, allowing for a maximum total lease term of up to 99 years from the commencement date.

Based on this information, the remaining potential lease term is approximately 82 years, assuming the renewal options are exercised.

Total covered area 1010m2

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 ($25,140)
If buying on joint names
€18,400 ($21,219)

Disclaimer - Property reference 8318986. 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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