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Modern Warehouses - Ypsonas, Limassol

Limassol - Ref. PR13386

3.900.000

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  • 6.022 m2
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Location
  • Land: 10.140 m2

Property description & location

Industrial warehouse within the industrial area of Agios Silas in Ipsonas Municipality. The property is located at the eastern part of the industrial area, 700 metres north of the motorway. It is situated close to all necessary amenities and services. In addition, it enjoys excellent access to the motorway and the city of Limassol.

The warehouse is of a modern construction and was built in 2012.The property is divided into 16 smaller warehouses, each with its own entrance and ramp.  The total area of the ground floor is 5,448 sqm (approx.) and of the mezzanine 1,072 sqm (approx.) which are divided into the 16 warehouses.

It is a unique property of its kind due to its modern design and the fact that it has been constructed with very good quality building materials.

13 out of the 16 warehouses are rented with a good return. It lies within three town planning zones with the largest part, 60% of the plot being industrial, 34% is residential and the remaining 6% is in a protection zone.

The above price might be subject to VAT.

The closing time for the Submission Period of tenders is 10:00 a.m. on every Tuesday morning, as stated in paragraph 7.10 of the Tender Form and section 4 of the Legal Notice.

All planning particulars or other features of the property must be checked with the relevant authorities. Altamira Asset Management Cyprus Ltd is not bound to accept the highest or any other offer submitted. The above price may be reviewed without any prior notice.

Deadline 25 August 2020

Deadline 25 August 2020


The property is partially rented


District: Limassol

Municipality: Ypsonas

Characteristics

Year built: 2012

Land Registry Information

Registration number Sheet/Plan Block Parcel Number
0/24409 53/47 0 412
  • Planning zone: Βα4
  • Building Coefficient: 0,9
  • Coverage Coefficient: 0,5
  • Maximum Floors Allowed: 2
  • Maximum Building Height: 0 m
  • Planning zone: Δα3
  • Building Coefficient: 0,05;0,05;0,05
  • Coverage Coefficient: 0,05;0,05;0,05
  • Maximum Floors Allowed: 1;1;2
  • Maximum Building Height: 5;5,5;7 m
  • Planning zone: Κα7
  • Building Coefficient: 0,8;0,8
  • Coverage Coefficient: 0,45;0,45
  • Maximum Floors Allowed: 2;3
  • Maximum Building Height: 8,3;11,3 m

Tender Form

The Tenderers may submit their Tenders within seven (7) calendar days from the publication date displayed on https://www.altamirarealestate.com.cy/ (hereinafter "Altamira Website"). In the case where it is decided that the period of seven (7) calendar days is not sufficient, the period may be extended by an announcement to that effect on Altamira Website as indicated above within the Tender Form Section of each property. Following the expiration of the submission period, if no Tender has been submitted, the property will remain on Altamira Website and the submission period shall be extended on a weekly basis. Otherwise, in the case where a Tender has been received, the property will be removed from Altamira Website.

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Additional information

Reference

PR13386

Property owner

COOPERATIVE ASSET MANAGEMENT COMPANY LTD

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