Ref. No. 21395 Warehouse

€4,600,000 No VAT
Aradippou Agios Fanourios
Warehouse Commercial
4859m² Covered
Sales Agent Stefanos Constantinou

Property Description

This property consists of three warehouses in Aradippou, within the Aradippou (Kalo Chorio) industrial area in proximity to the A3 motorway and the international airport.

The property has a total build area 4,859sqm that comprises of :
- Warehouse No. 2 which consists of the ground floor of 583sqm with a mezzanine of 81sqm, a basement of 308sqm and the first floor of 747sqm.
- Warehouse No. 4 which consists of the ground floor of 373sqm with a mezzanine of 81sqm, a basement of 640sqm and the first floor of 456sqm.
- Warehouse No. 5 which consists of the ground floor of 380sqm with a mezzanine of 81sqm, a basement of 660sqm and the first floor of 469sqm.

The warehouses have been constructed with high quality materials such as sandwich panels (walls & roof), fire prevention systems, fire detection systems, and provision for industrial elevator, and is designed in a way that allows for its spaces to be modified according to the requirements of the user.

The immediate area of the property is a well developed organized industrial area that enjoys easy access to the A3 motorway.

The property falls within industrial planning zone Bβ1, with building density coefficient of 100%, coverage coefficient 50%, in 2 floors.

Owner: Rulemon Properties Ltd 

All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.

Property Features

No VAT

Transfer Fees

€189,708
BUYING AS AN INDIVIDUAL
€180,600 Transfer fees + €9,108 Stamp Duty
€186,308
BUYING ON JOINT NAMES
€177,200 Transfer fees + €9,108 Stamp Duty
The above calculations are an indication of your tax liability and legal fees when buying a property in Cyprus. The Cyprus Land Registry calculations may differ since are based on thier own property valuation price.
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