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Industrial Building for sale in Nicosia Municipality, Nicosia

Nicosia Municipality, Nicosia, Cyprus
Industrial Building for sale in Nicosia Municipality, Nicosia 2422 Nicosia Municipality
Offers in the region of
995000 €995,000  ($1,037,975)
Industrial Building
Nicosia Municipality, Nicosia
Offers in the region of

€995,000  ($1,037,975)

Bank Owned Property

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!
Compared currency flag Pay in USD and save up to $36,329

Average Bank Rate (€995,000)
1 USD = 0.9262 EUR
$1,074,304

Mid-market rate (€995,000)
1 USD = 0.9586 EUR
$1,037,975

All figures are live mid-market rates, which are not available to consumers and are for informational purposes only. To see the rates we quote for money transfer, please request a free quote.

Key features

  • Listing ID: 1057010 (altia259)
  • Total covered area: 800 sqm
  • Plot: 3206 sqm

Description

Industrial land of approximately 3,206sq.m. with a ground-floor industrial building of approximately 800 sq.m., has a flat surface and access via a registered road. The total frontage is approximately 80m on the north-eastern boundary within the Avenue and 55m on the southwest boundary within Themistokli Petridi Street.
On its north-west boundary, there is an electrical substation.
The property fall under the Special Area zone (EΠ6) which apart from industrial developments and warehouse, other economic activities and industrial activities uses are allowed. i.e. business offices and exhibition spaces  as well as commercial uses for items that have increased volume and businesses that require storage of large quantities of the product.  
In addition, provided that the area of development is at least 1,000 sqm the development of independent showroom as well as a Superstore for home goods, garden and other related items, DIY type are allowed. 
Also in the zone EΠ6 the development of  schools of higher education, leisure centers and cinemas as well as student residences are allowed under circumstances.
Please refer to listing 30847 for the adjoining plot information - https://marketplace.altia.com.cy/listings/302

Open map  

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.

Stamp Duties
If buying as an individual
€1,898 ($1,979)
If buying on joint names
€1,898 ($1,979)
Transfer fees
If buying as an individual
€36,400 ($37,972)
If buying on joint names
€33,000 ($34,425)

Disclaimer - Property reference 1057010. The information displayed about this property comprises a property advertisement. BuySellCyprus.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and BuySellCyprus.com has no control over the content. This property advertisement does not constitute property particulars.

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