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Warehouse / Factory in Aradippou, Larnaca

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Ref: F-09-001-00007
Asking Price
€3,960,000
Loan Installment

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Available
Property for Sale in Larnaca, Aradippou, Cyprus
Property for Sale in Larnaca, Aradippou, Cyprus
Property for Sale in Larnaca, Aradippou, Cyprus
Property for Sale in Larnaca, Aradippou, Cyprus
Property for Sale in Larnaca, Aradippou, Cyprus

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Property Details
  • For Sale
  • Property Type: Warehouse / Factory
  • Location: Larnaca, Aradippou, Cyprus
  • Internal Area: 5650sqm
  • Price: €3,960,000
  • VAT: N/A
  • Loan Installment: €17,776

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: €3,960,000
Own Contribution (35%): €1,386,000
Loan Amount (65%): €2,574,000
Interest rate: 3%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Total No of Floors: 2
  • Plot/Land Size: 7918sqm
  • Reference: F-09-001-00007
Larnaca Aradippou
Mobile: (+357) 99617924

Larnaca
Address: Larnaca, Aradippou Office Eleftherias
An industrial warehouse with a total covered area of 5,650 sqm sited on a land plot of 7,918 sqm in Aradippou, Larnaca. The asset comprises of an open plan space for use as a factory/production area, storage areas which are connected internally with large openings, office space, a conference room and washrooms.

It is equipped with an alarm system, CCTV system, epoxy industrial coating on the floor, double glazed aluminium windows, provisions for fire detectors, a VRV heating/cooling system and loading bays. The current physical state of the warehouse is considered above average.

The warehouse is very well located within the industrial area of Aradippou and benefits from easy access to the motorway and close proximity to the international airport.

The immediate area consists mostly of medium to large size industrial properties with some over sized factories and warehouses.

The asset falls within the Industrial Planning Zone Bβ1 with a building density coefficient of 100% and a coverage coefficient of 50%, 2 floors.
Zone (ie. H2)
Ββ1
Zone type
Commercial
Title deed or under separation
Title deed

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