€175,000 $184,036
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Pay in USD and save up to $6,441Key features
- Listing ID: 1169947 (124808)
- Total covered area: 460 sqm
- Plot: 6634 sqm
Description
For sale is an industrial warehouse (Γ) within in one of Cyprus’s most popular industrial areas, located within Aradippou Municipality in the city of Larnaca. The property is located at a distance of 1.5 km (approx.) east of the motorway and 250 west meters of Iakovou Patatsou Avenue.The industrial area benefits from having direct access onto the main motorway network with great connectivity and easy access to all cities including Nicosia, Limassol, Paralimni as well as Larnaca’s city centre. Additionally, it is only a short drive away from Cyprus’s International Airport and Larnaca’s harbor.The industrial complex was constructed in 2007 and had obtained all necessary Planning & Building Permits.Warehouse (Γ) comprises of a large open space and toilets with a total area of 460sqm (approx.).For sale is the 1/6 share of the title deed that corresponds to warehouse (Γ). It is noted that there is no distribution agreement.The property falls within the Industrial Zone Βα3 (category B), having a building density of 100%.It is noted that the warehouse is rented for €650/month with a yield of 3,5%.
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.
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