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Larnaca Municipality, Larnaca
Offers in the region of

€145,000  ($168,346)

SOLD IN 12 DAYS
Address Estate Agents

Address Estate Agents

Registration 1240. Licence 613/E

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BuySell Cyprus Real Estate offer on property will expire soon
In high demand!

Key features

  • Listing ID: 1708857 (altia2524)
  • Total covered area: 136 sqm

Description

Located in the vibrant and bustling city center area of Larnaca, these two unified retail shops offer an exceptional business opportunity.
Situated just 170 meters west of the popular Finikoudes promenade, right between two of the most commercial roads in Larnaca's city center—Zinonos Kitieos and Ermou Street, the property enjoys high foot traffic and visibility in one of the city's most sought-after locations.
The property consists of:
Shop 1: Approximately 33 sq.m. on the ground floor with an additional 33 sq.m. mezzanine, featuring open-plan space and a toilet.
Shop 2: Approximately 35 sq.m. on the ground floor, plus a 35 sq.m. mezzanine, also with open-plan space and a toilet.
Both shops are registered separately with clear title deeds, offering flexibility for future ownership or rental.
The assets fall within the Πα4 zoning, with a generous building coefficient of 240%, coverage of 70%, and permission for up to four floors (17 meters), allowing for potential expansion or redevelopment.
Take advantage of this exceptional investment opportunity in Larnaca’s thriving city center. Ideal for a wide range of retail or commercial ventures, this unified property provides a strategic location with excellent growth potential.
Don't miss the chance to establish your business in one of the most dynamic parts of Larnaca!

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Buying expenses

For registering a resale property in the buyer’s name, transfer fees are required. These fees are determined by the property’s market value as assessed by the Land Registry on the purchase date.

Transfer fees
If buying as an individual
€2,775 ($3,222)
If buying on joint names
€2,175 ($2,525)

Disclaimer - Property reference 1708857. The information displayed about this property comprises a property advertisement. Address Estate Agents makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Address Estate Agents has no control over the content. This property advertisement does not constitute property particulars.