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The property is an industrial field located in Aradippou, Larnaca with a land size of 1.924 sq.m.
Within the property, seven warehouse units (A, B, C, D, E, F, G) have been erected, with construction completed over different periods from 1977 to 2001.
This asset offers a unique opportunity for investment or redevelopment, with a primary focus on warehouse development and use in a prime industrial location next to the highway Larnaka (Aradipou area A3) to Nicosia which leads to the airport.
The asset is located approximately 50m north of Zapata Avenue, about 150m east of Ivikou Street, and approximately 1km east of the motorway Nicosia Larnaka which leads to the airport.
The property falls within Zone Βα3/Βε1, with a building coefficient of 100%, coverage of 60%, and permission for 2 floors.
BUILDING
Frontage length: 85m
Total building size: 934sqm
Build year: 1977
1st unit: Enclosed area size: 386sqm
2nd unit: Enclosed area size: 116sqm
3rd unit: Enclosed area size: 82sqm
4th unit: Enclosed area size: 275sqm
5th unit: Enclosed area size: 75sqm
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.
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