Investment land in Latsia

1,450,000 €

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Key project parameters

Project description

This asset is a 2488/4243 share of a plot in the Latsia industrial area. According to the distribution agreement the asset has an area of 4,976 m² (2488/4243 share of 8,486sqm). The plot benefits from c. 250m road frontage along Isaak & Solomou Street and abuts a public sidewalk along its east border. It is also serviced by a private road. The immediate area comprises of commercial and industrial developments that enjoys easy access to the motorway. The asset falls within industrial planning zone Βδ4 with 80% building density, 45% coverage and 2 floors. THE PRICE IS SUBJECT TO VAT.

Tenants

Agreement: n/a

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annual yield: From 15-17%
investment exit horizon: 2–3 years
full support at every stage: Turnkey deal

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