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Mercury Group
For sale: commerce property in Cyprus, Nicosia
- Cyprus, Nicosia
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Property description
ID: CY-35-1-146805
- Cyprus, Nicosia
Object type
Commerce property
Land area
3447 m2
Area
1075 m2
Category
For sale
Price per m2
€ 670
Price
€ 720 000
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For sale business of 1075 sq.meters in Nicosia. Industrial warehouse in Geri, Nicosia. The property is an industrial warehouse in Geri. It is located within Geri’s industrial area, 2,5km from Nicosia – Limassol highway and from Latsia’s industrial area. It abuts a cul-de-sac on its eastern boundary with a frontage of 11m. The warehouse has a covered area of 1,075sqm on the ground floor (975sqm of industrial area and 100sqm of office area) and a mezzanine with an area of 210sqm. It is built within a land area of 3,447sqm. It benefits from good accessibility to the main highway and Nicosia's urban area.
Residence permit could be obtained through the property purchase. Leave your request in order to get more information about Residence Permit.
- Cyprus, Nicosia
Object type
Commerce property
Land area
3447 m2
Area
1075 m2
Category
For sale
Price per m2
€ 670
Price
€ 720 000
Currency calculator
From
To
What you should know, purchasing a property in Cyprus
Buy vs Rent Calculator
To help you decide whether it's better to rent or buy a home, this calculator compares the costs associated with buying a property to your equivalent rental costs. This calculator will also help to investors to preliminary calculate the
return on investment and capitalization from sale of real estate.
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* After 1 year you check out and loose 0 EUR
** After rental period you check out, own your property, and:
1. give it for rent and get the loan covered keeping real estate till the highest market to resell, or
2. resell and get the invested money + capitalization profit
In both cases, your rental costs when purchasing real estate are reduced by an average of three times.
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