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For Sale Large Industrial Land in Ergates, Nicosia


Ergates, Nicosia

REF: L-111605
€1,000,000
ENQUIRE NOW
Available
Property for Sale in Nicosia, Ergates, Cyprus

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Plot/land (sq.m.)
13843m2

Property Details

Property Details
  • For Sale
  • Property Type: Land
  • Property Subtype: Industrial
  • Location: Nicosia, Ergates, Cyprus
  • Price: €1,000,000
  • VAT: N/A
  • Loan Installment: €4,902

If you wish to borrow from a bank, please find above indication of the loan installment with the assumptions used below.

Loan Installment Calculations:
Assumptions:
Closing Price: €1,000,000
Own Contribution (30%): €300,000
Loan Amount (70%): €700,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Plot/Land Size: 13843sqm
  • Reference: L-111605

Property Description

This is a large and "one of a kind" industrial land, in an ideal location for the appropriate industrial use.

The property spreads to 13,843 square meters and it is located in the Ergates Industrial zone.

It features 140 meters of street frontage.

It falls under the B1 industrial zone with 90% Building Density, 50% coverage and 2 floor allowance.

The property has a clear title deed (not a leasehold).
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Additional Details

Zone (ie. H2)
B1
Zone type
Industrial
Building density (%)
90
Coverage ratio (%)
50
Floor allowance
2
Title deed or under separation
Title deed available

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