€4,135,000 $4,619,002
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Pay in USD and save up to $161,665Key features
- Listing ID: 1511648 (28524)
- Plot: 5296 sqm
Description
The property concerns a two storeys, high spec, industrial warehouse, located in Panagia, Nicosia.
The property consists of a ground floor of 2300sqm and a first floor of an area of 970sqm.
The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some factories, showrooms and offices of average to good quality.
The property benefits from easy access to all the areas of Nicosia..
The area is characterised as Special zone area as per the latest Nicosia Local Plan, allowing for several commercial uses i.e. showrooms, galleries, DIY, hypermarkets, cinemas, student halls etc.
The asset falls within a special use planning zone EΠ6 (special use), with building density coefficient 160%, coverage coefficient 50%, in 4 floors.
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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