Land of 12.000 sqm in Ypsonas Industrial Area near the New Port is now available for sale. There is an Industrial building of 1.800sqm covered area is sitting on half of the land. The land is totally flat and benefits from 2 entrances from 2 roads.
The immediate area of the asset is a fully developed industrial area with many industrial buildings and warehouses as well as some factories.
Easy access to the Limassol - Nicosia and Limassol - Paphos motorway and in a close proximity to Limassol's new port.
This land is a freehold property with the following development characteristics:
81% of the land fall within the development zone Βα4 with building coefficient 90% and coverage 60%, in 3 floors
19% of the land fall within the development zone Δα3 with building coefficient 5% and coverage 5%, in 2 floors and 7 metres height.
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Nearby Amenities within 1 km
School
11
Hospital
4
Bank
3
Park
10
Shopping mall
14
Supermarket
12
Police
1
Transit station
4
Reference:
480031001-531-RC
Broker Reg No:
758
Listed:
16-01-2023
Licence ID:
410/E
Registration No:
758
Prices & Trends
This property costs 3.49% more than the average
Average price of Industrial Estate in Ypsonas, Limassol, Cyprus is € 306.00 m2
Existing Price per square meter € 316.67 m2
This property with 5% yield will have annual return of
€ 190,000.00