Property 2682 Palaiometocho, Nicosia / 34197
Modern Industrial Warehouse With Flexible Zoning And Strategic Location In Palaiometocho / Kokkinotrimithia.
-75%
Opportunity!
7
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
608.00 €For Sale • Deal
684,000€
Estimated Mortgage
/month
1125
m2
3080
Plot m2
Overview
Property Description
Location:
- • Situated in the vibrant industrial zone of Palaiometocho / Kokkinotrimithia, the property enjoys proximity to key landmarks such as Neo Plaza and Nicosia Mall, enhancing accessibility and convenience.
External Features:
- • Constructed in 2003, the property embodies modern design principles and quality craftsmanship, ensuring durability and functionality.
- • Flexible Zoning: Positioned within Industrial Zone B1, the property benefits from a favorable zoning status with 90% building density and 50% building coverage, allowing for versatile usage and expansion potential.
Internal Characteristics:
- • Boasting a generous internal area of 1,125sqm along with an additional mezzanine spanning 401sqm, this warehouse offers ample space for various industrial operations.
Advantages - Special Features:
- • With easy access to major transportation arteries including Nicosia Troodos highway and proximity to Nicosia city center, New Plaza, and Nicosia Mall, this freehold industrial warehouse presents strategic advantages for businesses seeking optimal connectivity and accessibility.
Sustainability
Energy Efficency Rating
No Required/ Pending
Property Highlights
Resale
Unfurnished
Location
57.67 kms
93.94 kms
Transfer Fees
Transfer Fees Individual
23,960 €
Transfer Fees Joint Names
20,560 €
Stamp Duty
1,276 €