Ref. No. 21059 Warehouse
€4,135,000
No VAT
Nicosia Town
Nicosia
Warehouse
Commercial
3270m²
Covered
5296m²
Plot
Sales Agent
Gareth Ronweil
Property Description
The property concerns a two storeys, high spec, industrial warehouse, located in Panagia, Nicosia.
The property is adjacent to Michali Paride Street on its south boundary with a road frontage of c. 102m, and is situated 150m north of John Kennedy Avenue and circa 600m northwest of SOPAZ roundabout.
The property consists of a ground floor of 2300sqm and a first floor of an area of 970sqm.
The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some factories, showrooms and offices of average to 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 i.e. showrooms, galleries, DIY, hypermarkets, cinemas, student halls etc.
Owner: Secretsky Properties Ltd
The property falls within a special use planning zone EΠ6 (special use), with building density coefficient 160%, coverage coefficient 50%, in 4 floors.
All urban features must be checked with the proper authorities. The Seller has the right to review the selling prices without any prior notice.
The property is adjacent to Michali Paride Street on its south boundary with a road frontage of c. 102m, and is situated 150m north of John Kennedy Avenue and circa 600m northwest of SOPAZ roundabout.
The property consists of a ground floor of 2300sqm and a first floor of an area of 970sqm.
The immediate area of the property is a fully developed area with numerous industrial buildings and warehouses as well as some factories, showrooms and offices of average to 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 i.e. showrooms, galleries, DIY, hypermarkets, cinemas, student halls etc.
Owner: Secretsky Properties Ltd
The property falls within a special use planning zone EΠ6 (special use), with building density coefficient 160%, coverage coefficient 50%, in 4 floors.
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
Parking - 1 Covered
Transfer Fees
€170,178
BUYING AS AN INDIVIDUAL
€162,000 Transfer fees + €8,178 Stamp Duty
€166,778
BUYING ON JOINT NAMES
€158,600 Transfer fees + €8,178 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.
