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Property 2958 Mansoura, Nicosia / LIM-PAF-24817

Spacious Industrial Warehouse With Extensive Land And Direct Highway Access.

-88%

Opportunity!

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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

285.56 €

For Sale • Deal

4,800,000€

Estimated Mortgage

/month

16809

m2

60260

Plot m2

Community

Property Type

Warehouse

District

Nicosia

Covered/Built m2

16809 m2

Plot m2

60260 m2

Property Description

Industrial warehouse within a parcel of land extending to about 60,260 sq.m with a covered area of about 16,809 sq.m.in Agia Varvara, Paphos. The property enjoys direct access on the highway and abuts a registered road with a frontage of approx. 475m (175 meters along its western boundary and 300 meters along its northern boundary).

The premises have approximately the following areas:

  • • Admin Building: 399m²
  • • Initial Building: 4,000m²
  • • Initial Extension: 7,430m²
  • • Recent Extension: 4,980m²
  • • Sheds: 2,225m²
  • The property comprises three adjacent industrial buildings that were completed in diverse times, in 1980 and partly extended in 1990, also in 2002 and 2008.
  • The property under study is a large industrial development consisting of warehouse buildings and office spaces that have been constructed within an industrial field.
  • The unit structurally is separated into two parts.
  • The administration building was erected with a reinforced concrete structure with exterior walls made of brick, and the warehouse buildings were constructed using a structure of I-beams and H-columns, pitched roofs made of zinc roof panels, walls made of cement /terracotta bricks and metal panels and concrete floors.
  • The majority of the parcel is asphalted.
  • The administration building consists of two floors that are each made up of five offices and bathrooms.
  • On the ground floor, there is also an extra room that appears to have been a canteen/kitchen.
  • The first floor is accessed via an internal staircase.
  • The warehouse buildings are all open-plan.
  • Some of the areas have bathroom facilities and storage areas.
  • The property falls within two planning zones, Zone Βα5, with a building coefficient of 80%, coverage of 60%, and permission for 2 floors of construction, Zone Βδ5, with a building coefficient of 50%, coverage of 60%, and permission for 1 floor of construction.
  • The property is registered on SPV and transfer fees will not be applicable.
  • FEATURES FEATURES
  • FEATURES
  •  Corner Plot
  •  Industrial zone
  •  600m road frontage
  •  60,260m² Land area
  •  16,809m² Covered area
  •  Construction year appox.
  • 3 phases 1990, 2000 & 2007
  •  Loading/ Unloading dock
  •  3 adjacent industrial buildings
  •  Transfer fees will not be applicable (SPV)

Sustainability

Energy Efficency Rating

No Required/ Pending

Property Highlights

Resale

Unfurnished

Location

Property 2958 Mansoura, Nicosia / LIM-PAF-24817
Fox Smart Estate Agency
Fox Smart Estate Agency

Fox Paphos Office

License 344/E

33/479

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Transfer Fees

Transfer Fees Individual

188,600 €

Transfer Fees Joint Names

185,200 €

Stamp Duty

9,508 €

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