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Central building of a well-known Cypriot company for sale

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Central building of a well-known Cypriot company for sale

The amount of € 2,800,000 from interested buyers is requested by AstroBank for a building that belonged to a well-known Cypriot company which passed into its hands in the context of the exchange of real estate for debt.

The property is located in the municipality of Agios Athanasios, with a frontage of 48sqm on Iapetou Street no. 42. The building consists of a semi-basement (1,032sqm), ground floor (3,066sqm), mezzanine (1,590sqm) and offices (823sqm), a plot (5,265sqm).

The building has a closed monitoring circuit and a fire detection system. The outside of the building is paved. The local development of the area consists of factories and handicrafts.

The property falls within the boundaries of Urban Zone Ββ2 (government industrial area) which allows SD 90%, SK 60%, on 2 floors.

It is worth noting that the plot on which the building is located is leased by the Republic of Cyprus with the right of renewal.

Source: www.philenews.com

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