€370,000 $388,112
Ktimatagora - Cyprus Property
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Pay in USD and save up to $13,584Key features
- Listing ID: 1354893 (APR35476)
- Total covered area: 597 sqm
- Plot: 2231 sqm
- Beach
- Coffee shops
- Public Park
- Restaurants & Pubs
- School
- Shopping
- Investment Opportunity
Description
For Sale Industrial Building (Land Lease) in Timi - Paphos
The property is located in B’ Paphos Industrial Zone (Agia Varvara) and it is situated close to all necessary services.
In addition, it enjoys excellent access to the motorway and the city of Paphos.
The building is two-storey and it was constructed around the year 2009 on an industrial plot with total area of approximate 2,231sqm.
On the ground floor comprises of a cold rooms, preparation area, packing area, disable WC’s and storage.
The 1st floor consist of a kitchen, dining area, offices, reception area, storage room and WC/ changing room for male/female.
The area of the ground floor is 457sqm and the 1st floor 140 sqm
The property is subject to a long-term lease agreement with Cyprus Government with a rent of €7341/year and an expiration date 31/01/2042.
It is noted that the agreement can be renewed for two periods of 33 years each.
Characteristics :
Year built: 2009
Title deed: The property has a separate title deed
It is noted that the property is vacant and it is consider as ideal 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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