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Building
Sotiros Agios Ioannis Larnaca, Larnaca
Offers in the region of

€510,000  ($592,271)

SOLD
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: 1674211 (129339)
  • Total covered area: 722 sqm
  • Plot: 649 sqm
  • Attached to green area
  • Close to amenities
  • Provision for Aircondition
  • Title deeds available
  • Walking distance to bus service

Description

Commercial building in a popular location in the parish of Sotiros, Larnaca Municipality. It is located approximately 140 meters north of Spyros Kyprianou Avenue and approximately 580 meters south of Antonis Papadopoulos Stadium. This is an area with commercial and residential activities due to its proximity to facilities and services as well as its accessibility. The building is comprised of a ground floor, a mezzanine, and a basement. The ground floor consists of a reception area, an office, a workshop area, and a toilet. The mezzanine consists of two rooms, while the basement consists of an open storage area and a shower with a toilet. The building abuts Alsoupoleos Street on its northern border, which was erected in 1988 and has a frontage of approximately 20 meters. It should be noted that it adjoins a green area on its western border. It has an interior area of ​​326 sq.m., a mezzanine of 144 sq.m. and a basement of 252 sq.m.The property is vacant and is suitable for own use or a good return on investment. The building was built on a property with a total area of 649 sq.m. and it falls within the residential zone Kα4 with a building factor of 120%. It is worth noting that there is an inexhaustible building factor, which allows the development of 2 additional floors.

Planning zone: Κα4
Building Coefficient: 120%
Coverage Coefficient: 50%
Maximum Floors Allowed: 3
Maximum Building Height (m): 13,50/11,30

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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
€17,000 ($19,742)
If buying on joint names
€13,600 ($15,794)

Disclaimer - Property reference 1674211. 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.