€4,800,000 €286/m²

16809m² Commercial for Sale in Paphos District

Paphos district Posted 2 years ago Updated 4 days ago
16,809 m²Covered area
60,260 m²Plot
Pre-OwnedCondition
FOX - Paphos Central
FOX - Paphos Central Agency · R.N.:488 L.N.:344/E 1,964 for sale · 72 for rent

About this home

TranslateΜετάφρασηПеревестиתרגום

Industrial warehouse within a parcel of land extending to about 60,260 sq.m with a covered area of about 16,809 sq.m.in Agia Varvara, Paphos.

The property enjoys direct access on the highway and abuts a registered road with a frontage of approx. 475m (175 meters along its western boundary and 300 meters along its northern boundary).

The premises have approximately the following areas:

• Admin Building: 399m²
• Initial Building: 4,000m²
• Initial Extension: 7,430m²
• Recent Extension: 4,980m²
• Sheds: 2,225m²
The property comprises three adjacent industrial buildings that were completed in diverse times, in 1980 and partly extended in 1990, also in 2002 and 2008.
The property under study is a large industrial development consisting of warehouse buildings and office spaces that have been constructed within an industrial field.

The unit structurally is separated into two parts.

The administration building was erected with a reinforced concrete structure with exterior walls made of brick, and the warehouse buildings were constructed using a structure of I-beams and H-columns, pitched roofs made of zinc roof panels, walls made of cement /terracotta bricks and metal panels and concrete floors.

The majority of the parcel is asphalted.

The administration building consists of two floors that are each made up of five offices and bathrooms.

On the ground floor, there is also an extra room that appears to have been a canteen/kitchen.

The first floor is accessed via an internal staircase.

The warehouse buildings are all open-plan. Some of the areas have bathroom facilities and storage areas.

The property falls within two planning zones, Zone Βα5, with a building coefficient of 80%, coverage of 60%, and permission for 2 floors of construction, Zone Βδ5, with a building coefficient of 50%, coverage of 60%, and permission for 1 floor of construction.

The property is registered on SPV and transfer fees will not be applicable.

FEATURES FEATURES

FEATURES

 Corner Plot
 Industrial zone
 600m road frontage
 60,260m² Land area
 16,809m² Covered area
 Construction year appox. 3 phases 1990, 2000 & 2007
 Loading/ Unloading dock
 3 adjacent industrial buildings
 Transfer fees will not be applicable (SPV)

Reference
24817
Property type
Other Commercial
Plot area
60,260 m²
Furnishing
Unfurnished

What it will really cost

Asking price€4,800,000
Title transfer fee ~€188,600
Estimated total€4,988,600
Mortgage estimate
Monthly payment

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

How the price compares

89% below
average

At €286/m² compared with an average €2,641/m² across 40 similar listings — other commercial in Paphos.

Asking price per m²This home
Average €2,641 This home €286
€286€4,831€9,375

Location

Paphos district

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