€1,400,000 $1,476,230
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Pay in USD and save up to $51,668Key features
- Listing ID: 1292772 (altia91)
- Total covered area: 2200 sqm
- Plot: 9158 sqm
Description
LEASEHOLE PROPERTY - REGISTERED ON AN SPV
This is a prefabricated concrete products industrial unit, erected within a leasehold government land and located in the 3rd industrial zone of Ypsonas Municipality Limassol. As a result, factories, industrial warehouses and buildings are located within the immediate area. The building comprises of a production area and a storage area. An administrative space comprising of an office with an en-suite toilet, a small kitchen, two toilets and a warehouse area.
The property comprises of 2 buildings, erected during years 2006-2007, with a total area of 2.200 sq.m. The buildings are designed with steel frame structure and brick walls externally. The government leasehold lasts for 33 years, starting from 1/9/2006 and expiring on 31/08/2039 and the leaseholder can extend the agreement for additional 33-years periods i.e. Yr.2105
The asset is located approximately 7.9km from Limassol General Hospital, approximately 15km from Limassol city centre and approximately 4.5km from A6 motorway.
The property falls within Zone Bβ3, with a building coefficient of 80%, coverage of 60%, and permission for 2 floors (0m) of construction.
GPS Coordinates: 34.725248 32.947338
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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