3270m² Commercial for Sale in Nicosia District

Nicosia district Posted 2 years ago Updated 1 month ago

3,270 m²Covered area

4,502 m²Plot

Pre-OwnedCondition

2015Built

Storage room

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1st Class Homes Agency · Reg. 690 · Licence 367/E 6,601 for sale

About this home

The property concerns a two storeys, high spec, industrial warehouse, located in Panagia, Nicosia.The property consists of:-The ground floor of 2,300sqm comprising of reception area, kitchen and open plan manufacturing area.-The first floor of 970sqm comprising of offices, kitchen and toilets. The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some showrooms and offices of good quality.The property benefits from easy access to all the areas of Nicosia via John Kennedy and Andrea Zakou Avenues.The area is characterised as Special zone area as per the latest Nicosia Local Plan, allowing for several commercial uses.The asset falls within a special use planning zone EΠ6 (special use), with building density coefficient 160%, coverage coefficient 50%, in 4 floors.

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Reference: 33679
Property type: Other Commercial
Plot area: 4,502 m²
Construction year: 2015
Title deed: Has Title

What it will really cost

Asking price€4,135,000

Title transfer fee ~€162,000

Title deedHas Title

Estimated total€4,297,000

Mortgage estimate

Deposit Interest rate Term

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Estimate only. Legal fees, stamp duty and mortgage costs are not included.

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