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Factory in Agios georgios, Latsia, Nicosia


Agios Georgios, Nicosia

REF: W-98262
€700,000
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Property for Sale in Nicosia, Latsia, Cyprus
Property for Sale in Nicosia, Latsia, Cyprus
Property for Sale in Nicosia, Latsia, Cyprus
Property for Sale in Nicosia, Latsia, Cyprus
Property for Sale in Nicosia, Latsia, Cyprus

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Internal Area (sq.m.)
2200m2
Plot/land (sq.m.)
4070m2

Property Details

Property Details
  • For Sale
  • Property Type: Warehouse / Factory
  • Property Subtype: Commercial
  • Location: Nicosia, Latsia, Cyprus
  • Internal Area: 2200sqm
  • Price: €700,000
  • VAT: N/A
  • Loan Installment: €3,431

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: €700,000
Own Contribution (30%): €210,000
Loan Amount (70%): €490,000
Interest rate: 3.2%
Years of repayment: 15 years

More Information
  • Status: Resale/Used
  • Age: 31 Years
  • Total No of Floors: 2
  • Plot/Land Size: 4070sqm
  • Reference: W-98262
  • Energy Efficiency Certificate: G

Property Description

This a government leasehold factory built in 1991 to be sold at a very attractive price! Strategically located at Latsia next to the highway and close to Garlsberg area. Available on request certified valuation at 1,360,000euro in 2019 and now it will be sold at 700,000euro. The land is 4,070sm, in industrial zone with 100% building density, and the covered areas consist of 1,580sm factory area with 12m height, 360sm offices in two floors and 260sm storage which is not registered.
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Marinos Ioannou

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Additional Details

Zone (ie. H2)
Βα3
Zone type
Industrial
Title deed or under separation
Title Deed
Air Conditioning

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