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The asset is an industrial building in Omonoia quarter, Limassol municipality. It is located 850m from the new port and 100m from Omonoias avenue. The asset consists of 2 buildings: Building 1 on the southern side has an internal area of 242sqm and comprises a warehouse and ancillary spaces. Building 2 on the northern side has an internal area of 473sqm, 108sqm mezzanine and consists of offices, conference rooms and warehouse. The asset is built within a land area of 2,100sqm. It falls within the residential town planning zone and has a building density of 120%, offering an ideal opportunity for residential development. It offers excellent proximity to all amenities and easy access to Limassol city center.
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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