€620,000 $654,382
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Pay in USD and save up to $22,903Key features
- Listing ID: 1071747 (7557)
Description
Two unified industrial warehouses in one of Cyprus’s most popular industrial areas, located within Lakatameia Municipality in Nicosia District. They are located at a distance of approximately 650 meters north from Spyrou Kyprianou Avenue (Nicosia ring road) and approximately 200 meters east from the Tseri Avenue.
The industrial area benefits from having direct access onto the main motorway network with great connectivity and easy access to all cities. Additionally, this area has easy access to the Nicosia city.
The warehouses have been unified and used as a single unit. They were constructed around the year 2009 and consists of an open space area and a toilet on the ground floor plus a mezzanine toilet/showers.
Externally they have exclusive right of use of 10 uncovered parking spaces. The total ground floor area is 556sqm and the mezzanines 276sqm.
It is noted that the property is rented for €1717/month and it is considered as an appealing investment opportunity.
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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