Cyprus Real Estate Marketplace

5820m² Building for Sale in Nicosia District

  • Under Construction
  • 5820m²
  • €2 900 000
  • + VAT
Price per m²
€498/m²
VAT
Not Included in Price
VAT for this property is €540,536 (Reduced 5% rate) or €551,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Ref. #: SA32129
  • Plot area: 8726m²
  • Parking: Yes  
  • Energy Efficiency: N/A
  • Parking

Reference ID: #SA32129Price details: €2,900,000Three adjacent industrial plots with two buildings are located within the industrial area of Kaimakli, Nicosia district.The building on the first parcel is divided into a ground floor of approximately 1.570 sq.m. and a semi-basement of approximately 1.545 sq.m., in total 3.115 sq.m., approximately 175 sq.m. of uncovered verandas and land area of approximately 3.113 sq.m.The ground floor of two levels, consists of an open plan exhibition area and a mezzanine used as storage space. The second level is comprised of offices, storage rooms, a kitchen, production control room, production area and an uncovered veranda. The lower level consists of a workshop area, refrigerator room, storage area, toilets, locker rooms and an EAC substation. ​Externally there is an office room of approximately 25 sq.m.The building on the second and third parcels is divided into a ground floor and a semi-basement of approximately 1.360 sq.m. respectively, 3.115 sq.m. in total, and land area of approximately 5.613 sq.m. combined.The ground floor consists of three storage areas and office rooms.The semi-basement consists of storage areas, two refrigerator rooms and a boiler room.Externally there is an office room of approximately 25 sq.m.All the properties fall within Zones Βα1 and ΒΕ3 with a building coefficient of 160%, coverage of 50%, and permission for 4 floors.Moreover, the plots fall within special zone ΕΠ6 which allow, apart from industrial and warehousing developments, the construction of other commercial developments such as business offices, hyperstores, showrooms and exhibition areas for items with an increased volume or that require the storage of large quantities of product i.e. DIY stores, furniture, electrical appliances etc. car showrooms.Additionally, ΕΠ6 special zone allows the development of leisure facilities such as cinema, as well as schools student nests and other, subject to acquiring the necessary permits.

  • €2 900 000
  • + VAT
Price per m²
€498/m²
VAT
Not Included in Price
VAT for this property is €540,536 (Reduced 5% rate) or €551,000 (Full 19% rate). VAT usually is 19%. If it is your first purchase of property, you can have VAT reduced to 5% for the first 150sq.m. of the property.
Title Transfer Fee
No
  • Agency
  • R.N.:1109 L.N.:317/E
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