Leasehold industrial unit in xylotymbou industrial area, larnaca
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Κορυφαίες 10 παρόμοιες προσφορές κοντά σε αυτό το μέρος
IN CLOSED TENDER PROCESS
DEADLINE: Tuesday 21st of October 2025 at 15:00 p.m.
Available for sale is a well-maintained industrial unit located in the organized Xylotymbou Industrial Area, Larnaca District. The property enjoys excellent accessibility, situated approximately 1.2 km southeast of the traditional community core, just 350 meters north of the Larnaca – Ayia Napa highway (A3), and 550 meters from the Xylotymbou Peripheral Gymnasium.
✅ Property Details:
•Year of Completion: 2006
•Total Land Area: 689 sq.m. (Parcel 210: 460 sq.m. + Parcel 213: 229 sq.m.)
•Enclosed Area: 230 sq.m.
•Mezzanine: 60 sq.m.
•Parking: Uncovered spaces
✅ Layout & Features:
•Open plan working/production area
•Reception area
•1 Office
•Kitchen
•W/C for people with disabilities
•Separate sanitation areas with showers & WCs (male & female)
✅ Leasehold Terms:
•Leasehold duration: 33 years + automatic renewal for another 33 years
•Currently 11 years remaining from the first period (total lease term up to 77 years)
•Ground Rent: €172.25 / annum (€0.25 x 689 sq.m.)
•Usage: Industrial purposes only (not storage). Any change of use within industrial activities requires prior approval from the local community.
•According to verbal information, the unit may only be subleased to locals of the community.
📍 Key Advantages:
•Strategic location with direct access to the highway network
•Functional internal layout with modern facilities
•Long leasehold duration providing stability and investment security
•Affordable annual ground rent
This property presents a great opportunity for businesses seeking an industrial base in Larnaca District, combining accessibility, functionality, and long-term leasehold security.
The property falls within Zone E1, with a building coefficient of 90%, coverage of 50%, and permission for 2 floors (0m) of construction.
There is a separate title deed for this property.
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Technical inspection:HOMESURVinfo@homessurv.com+357 22 377 004
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Legal inspection:M.PARASCHOU LAW Advocates & Legal Consultantsinfo@paraschou.com.cy+357 22 622 262
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Technical inspection:SQUARE ARCHITECTSp.panayi@cytanet.com.cy+357 99 592 218
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Legal inspection:CTA LAW FIRM C.T. Antoniou & Co LLCinfo@ctalaw.net+ 357 22 516 838
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Technical inspection:HOME CHECKandreas.chrysos@hotmail.com+357 96 504 296
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