Property 2660 Kokkinotrimithia, Nicosia / 43310
Light Industrial Property In Kokkinotrimithia With Excellent Connectivity.
-90%
Opportunity!
Why is this Property Classified as an Opportunity?
Our data science team has identified that the price per square meter for this property is significantly lower than the average indicative price in the district. This discrepancy is not merely a discount; it represents a unique market opportunity. By leveraging advanced analytics, we've developed a smart score that highlights properties offering exceptional value. This score helps you pinpoint the best opportunities in the market, ensuring you get more for your investment.
Nicosia Indicative Price
2,410.67 €This Property
245.34 €For Sale • Deal
395,000€
Estimated Mortgage
/month
1610
m2
2745
Plot m2
Overview
Property Description
Location • This light industrial property is ideally located in the well-established Kokkinotrimithia industrial area, offering excellent connectivity and ease of access. It benefits from close proximity to the Mall of Nicosia, ensuring convenient access to major road networks and nearby services. External Features
• The property is currently incomplete, providing flexibility for future development or customization. It is situated within an organized industrial zone, making it suitable for a wide range of commercial or light industrial uses. Internal Characteristics • The auxiliary area of the property is thoughtfully designed to support operational efficiency and staff comfort.
It includes designated male, female, and accessible restrooms with changing facilities, showers, a staff kitchen, a reception area, and multiple office spaces—ideal for accommodating administrative functions and workforce needs. Advantages & Special Features • Held under a leasehold agreement for 33 years, starting from 6th July 2009 and valid until 5th July 2042. • Option to renew the lease for up to 99 years, potentially extending it to 5th July 2108, providing long-term operational security.
• A separate Sub-Lease title deed is available, offering added clarity and flexibility for investment or future transactions. This property presents an excellent opportunity for businesses or investors seeking a customizable industrial space in a strategic location with long-term leasehold advantages.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Unfurnished
Location
58.97 kms
96.81 kms
Transfer Fees
Transfer Fees Individual
12,400 €
Transfer Fees Joint Names
9,000 €
Stamp Duty
698 €